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Which of the following is the best reason for a firm to stay open in the short run even if the firm is losing money?
Which of the following is the best reason for a firm to stay open in the short run even if the firm is losing money? Question 53 options: The firm may be hoping demand for its product will increase. A shut down firm still must pay its variable costs, if those are too high it will lose more money by shutting down. A shut down firm still must pay its fixed costs, if those are too high it will lose more money by shutting down. It never makes sense to stay open if the firm is losing money
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