In the Short Run, a Firm Will

question 123

Multiple Choice

In the short run, a firm will

• A) not produce if its total revenue does not cover its total cost.
• B) produce and incur an economic loss if its total revenue covers its total variable cost but not its total cost.
• C) produce and break even if its total revenue covers its total fixed cost but not its total variable cost.
• D) produce and earn an economic profit if its total revenue is equal to its total cost.

---

Definitions:

Domino's

A multinational pizza restaurant chain known for its wide variety of pizza options and fast delivery services.

Marketing Department

A division within a company that focuses on creating and implementing strategies to promote and sell products or services.

Environmental Forces

External factors like climate, ecological changes, and natural resources that affect an organization's operations and decision-making.

Dr. Pepper Snapple Group

An American soft drink company that manufactures, markets, and distributes non-alcoholic beverages including Dr. Pepper, 7UP, and Snapple.