In the short run,if a firm shuts down,its loss is equal to _____

Name: In the short run,if a firm shuts down,its loss is equal to _____
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When a firm shuts down in the short run, it must still cover its fixed costs, such as rent or long-term contracts, even though it is not producing anything. Variable costs, which are costs that vary with the level of output, are not incurred if there is no production. Therefore, the firm's loss equals its fixed costs.

In the Short Run,if a Firm Shuts Down,its Loss Is