In the Long Run,if a Firm Is Making a Loss,it

question 141

Multiple Choice

In the long run,if a firm is making a loss,it will

• A) continue to operate no matter what.
• B) continue to operate if it covers its fixed costs.
• C) increase production in order to increase profits.
• D) decrease production in order to increase profits.
• E) stop producing and exit the market.

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Definitions:

Instruction

A basic command given to a computer or device to perform a specific task or operation.

PLC

Programmable Logic Controller; a digital computer used for automation of electromechanical processes, such as control of machinery on factory assembly lines.

Memory Area

A specific location within a computer or device storage where data is kept for retrieval and manipulation.