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Question 13

If an oligopolist incurs losses in the short run, then in the long run

  • A.it will stay in business
  • B.it will go out of business
  • C.it will break even
  • D.it will merge with other firms
Objective

Question details

Exam body
OAU
Subject
Economics
Year
2015/2016
Question no.
#13
Type
Objective
Previous · Q12A firm's declining long run average cost curve over some ranges of output can be… Next · Q14 A firm maximizes its total profits when

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