Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Other Fields Homework Help Business Marketing
New Topic  
Tidy Tidy
wrote...
Go to Answer
Posts: 4852
Rep: 38 0
8 years ago
If a firm in a perfectly competitive industry experiences persistent losses, in the long run it should
A) shut down temporarily and wait for market conditions to change.
B) exit the industry.
C) raise its price to cover average total cost.
D) continue to operate if it can raise the demand for its product through advertising and quality improvements.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 356 times
1 Reply
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
Replies
Answer verified by a subject expert
VincenzoDVincenzoD
wrote...
#1
Top Poster
Posts: 1913
Rep: 241 0
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
cirocboi1

Related Topics

Tidy Author
wrote...

8 years ago
This site is awesome
zbmallo3
wrote...

Yesterday
this is exactly what I needed
larrybrads
wrote...

2 hours ago
You make an excellent tutor!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1299 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 819
  
 695
  
 190
Your Opinion
Which 'study break' activity do you find most distracting?
Votes: 741
Previous poll results: What percentage of nature vs. nurture dictates human intelligence?