If a business is losing money in the short run,the owner will try to minimize

Name: If a business is losing money in the short run,the owner will try to minimize
Brand: Quizplus
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Question

Quizplus · Accepted Answer

In the short run, a business owner will aim to minimize total losses. This involves reducing the gap between total costs and total revenue to ensure the business loses the least amount of money possible while it adjusts its operations or market conditions change.

If a Business Is Losing Money in the Short Run,the