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Short term losses does not mean that the firm needs to close. After all, sometimes the company has to lose money for a while before the company can begin to make money.
Microeconomics: Principles, Problems, & Policies, 20th Edition
by McConnell, Campbell; Brue, Stanley; Flynn, Sean
Published by
McGraw-Hill Education
ISBN 10:
0077660811
ISBN 13:
978-0-07766-081-9
Chapter 10 - Pure Competition in the Short Run - Discussion Questions - Page 237: 3
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