Which of the Following Will Not Happen as a Consequence

question 134

Multiple Choice

Which of the following will not happen as a consequence of a monopolistically competitive firm suffering economic losses in the short run?

• A)The firm's demand curve will shift to the right if it stays in business in the long run.
• B)The firm will exit the industry if it continues to suffer economic losses.
• C)The firm will break even if its stays in business in the long run.
• D)In the long run, the firm will be able to charge a price that is greater than its average total cost.

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Definitions:

Allocate Resources

The process of distributing available resources, such as funds, materials, and labor, among various projects or departments to achieve organizational goals.

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale.

Complexity

The state or quality of being intricate or complicated, which can arise from numerous interconnected parts or variables.

Risk Identification

The process of determining and documenting the risks that could affect the achievement of an organization's objectives.