In the short run, a company will continue production as long as its revenue is sufficient to cover which of the following?

Choose the correct answer

Explanation

In the short term, a firm will keep producing if its revenue at least covers the variable costs, since fixed costs must be paid regardless of production. If revenue does not cover variable costs, the firm minimizes losses by halting production.

In the short run, a company will continue production… — Miscellaneous Economics Mcqs | PakQuizHub