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stars_and_moon stars_and_moon
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Posts: 3218
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7 years ago
A price taking firm with a loss will
A) increase the quantity it is selling until it reaches profitability.
B) raise its price until it reaches profitability.
C) shut down in the short run.
D) shut down in the long run.
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kingbykingby
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#1
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Posts: 3218
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7 years ago
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#2
7 years ago
Perfectly answered Smiling Face with Open Mouth

Cheers
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#3
7 years ago
I instantly knew the answer when I read the question, happy to help
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