If the firm is minimizing losses,it is producing ___ units of output and charging a price of __.

A) OM;ON
B) OL;ON
C) OM;OF
D) OL;OF
E) OM;OG

Minimizing Losses

A strategy focused on reducing the amount of money or resources wasted or not utilized efficiently.

Output

The total amount of goods and services produced by an economy or a firm in a specific period.