Business
Business, 09.07.2021 22:50, ellenaschool

Why would a firm that incurs losses choose to produce rather than shut​ down? In a perfectly competitive​ industry, if a firm is incurring​ losses, then it might choose to produce in the short run because A. is greater than ​, resulting in profit in the long run. B. is greater than ​, resulting in smaller losses than would result from shutting down. C. variable costs are greater than fixed​ costs, resulting in smaller losses than would result from shutting down. D. zero in the long​ run, resulting in profit in the long run. E. is greater than ​, resulting in smaller losses than would result from shutting down.

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