For a perfectly competitive firm in the short run are there, Ask an Expert

Economics

For a perfectly competitive firm in the short run, are there situations where a company remains in the market even if it cannot cover its average total cost per unit at a particular output level? Explain. What would be the deciding factor in forcing a firm in perfect competition to shut down in the longer run? Explain.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91872904

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