perfect competition, prices: a firm may continue to operate in the short run with economic losses as long as [what about the price?]because the losses are less than total fixed costs.
Answer
price is greater than AVC
status
not learned
measured difficulty
37% [default]
last interval [days]
repetition number in this series
0
memorised on
scheduled repetition
scheduled repetition interval
last repetition or drill
Parent (intermediate) annotation
Open it A firm may continue to operate in the short run with economic losses as long as price is greater than AVC because the losses are less than total fixed costs.