Solved: How does a firm that is losing money in the short run, Basic Computer Science

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How does a firm that is losing money in the short run

How does a firm that is losing money in the short run decide whether to shut down or continue to produce to minimize its losses? Please illustrate your answer with a model(graph) of a firm in perfect competition. Why do economists consider perfect competition to be the most efficient market structure?

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Basic Computer Science: How does a firm that is losing money in the short run

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