In the Short Run, a Competitive Firm with Economic Losses

question 222

Multiple Choice

In the short run, a competitive firm with economic losses will

• A) exit the industry.
• B) enter another industry.
• C) change its plant size.
• D) shut down if its marginal revenue falls short of its average variable cost.

---

Definitions:

Major Depressive Disorder

A mental disorder characterized by a pervasive and persistent low mood accompanied by low self-esteem and loss of interest or pleasure in normally enjoyable activities.

Elavil

A brand name for the antidepressant drug amitriptyline, used primarily in the treatment of mood disorders.

Tricyclic

A type of antidepressant medication that works by affecting neurotransmitters in the brain to improve mood.

Suicidal Thoughts

Thoughts about or an inclination towards ending one's own life.