Art, asked by sakhiltamang1313, 9 months ago

“A perfect competitive firm incurring losses in the short- run may loose even more by shutting down”. Discuss.

Answers

Answered by Anonymous

Answer:

The answer is that shutting down can reduce variable costs to zero, but in the short run, the firm has already committed to pay its fixed costs. As a result, if the firm produces a quantity of zero, it would still make losses because it would still need to pay for its fixed costs.

Answered by aayyuuss123

Explanation:

I can't understand your question

Previous Question

Next Question

Similar questions

Computer Science, 4 months ago

based on the lesson,discuss briefly and concisely the difference beetween input and output devices and how they are connected to each other.use the space provided below ______________________________________________________________________________________essay...

English, 4 months ago

which of the following is not a characteristic of a research title? a.) It must be original, concise or specific b.) it should match the research question. c.) It may be revised and refined if there is a need. d.) It is wordy in a such a way that readers will be informed about the focus of investigation.

English, 4 months ago

What to do if i am in stress and depression, for completing the syllabus?