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Question: If demand conditions are such that there is no output at which a firm can make any profit, which ...

Show transcribed image text If demand conditions are such that there is no output at which a firm can make any profit, which of the following would be the best short run policy for the firm to adopt? shut down continue to operate so long as there is some output at which it can more than cover its fixed costs continue to operate so long as there is some output at which it can more than cover its variable costs discard the rule equating marginal revenue and marginal cost

If demand conditions are such that there is no output at which a firm can make any profit, which of the following would be the best short run policy for the firm to adopt? shut down continue to operate so long as there is some output at which it can more than cover its fixed costs continue to operate so long as there is some output at which it can more than cover its variable costs discard the rule equating marginal revenue and marginal cost