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:

Canadian Dollar

The official currency of Canada, represented by the symbol CAD or C$.

Euro

The official currency of the Eurozone, which is used by most European Union countries.

Percentage Terms

A way of expressing values or changes as a fraction of 100, used to describe proportions relative to a whole.

Larger Number

The value in a comparison of numbers that is greater than the other(s).