A firm can stay in business while taking a loss in the short run as long as price  is greater than 

When compared to perfect competition, monopoly

The demand curve facing a monopoly is 

A disadvantage of both partnerships and proprietorships is that

Oligopoly is a market 

A perfectly competitive firm is described as efficient in the long-run because it

A major advantage of the corporation is

Monopoly 

The perfectly competitive firm uses which rule to maximize profit or minimize loss?

The supply curve for a perfectly competitive firm is the firm’s