In the Short Term, a Firm Can Sell Its Products

Multiple Choice

In the short term, a firm can sell its products ____________; however, at some point, the firm will be required to _______________.

A) at low prices / make money or close up shop
B) at above average prices / get competitive
C) at high prices / become competitive or lose sales
D) below its total cost / make a profit or quit the business
E) competitive prices / become profitable