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A competitive firm in the short run incure losses. The firm continue production, if:
  • a)
    P>AVC
  • b)
    P=AVC
  • c)
    P<AVC
  • d)
    P>=AVC
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
A competitive firm in the short run incure losses. The firm continue p...
Is greater than AVC
b)P is greater than ATC
c)P is greater than MC
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A competitive firm in the short run incure losses. The firm continue production, if:a)P>AVCb)P=AVCc)P<AVCd)P>=AVCCorrect answer is option 'D'. Can you explain this answer?
Question Description
A competitive firm in the short run incure losses. The firm continue production, if:a)P>AVCb)P=AVCc)P<AVCd)P>=AVCCorrect answer is option 'D'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about A competitive firm in the short run incure losses. The firm continue production, if:a)P>AVCb)P=AVCc)P<AVCd)P>=AVCCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A competitive firm in the short run incure losses. The firm continue production, if:a)P>AVCb)P=AVCc)P<AVCd)P>=AVCCorrect answer is option 'D'. Can you explain this answer?.
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