In the short run,a firm that finds itself earning a loss should compare the market price to which cost in order to determine how to minimize its losses?

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In the short run, a firm should compare the market price to its average variable costs to determine how to minimize its losses. This is because in the short run, fixed costs cannot be changed, and the firm must still pay them even if they shut down production. Therefore, if the firm cannot cover its variable costs, it should shut down production to minimize its losses. If the firm can cover its variable costs, it should continue producing in the short run.

In the Short Run,a Firm That Finds Itself Earning a Loss