The lines above is said to support a tone of somber reflection.
<h3>What does somber means?</h3>
The term somber connote a situation when a person is said to be very sad or having a somber mood.
Conclusively, When one is having somber reflection, one is said to be in a state of been dark and gloomy as a result of an issue or an event. I shall be telling this with a sigh somewhere ages and ages simplifies sadness of some sought.
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In order to maximize profit in the short run; Company is to continue operating at that output level in the short term, since total revenue will cover all of the firm's variable costs and some of its fixed costs.
<h3>How to maximize profit?</h3>
Every firm in the market operates with the primary aim of making profit, which is different from the government that has a primary aim of creating welfare for the people. Thus, a profit-maximizing level of output is determined at the point where marginal revenue (MR) equals marginal cost (MC).
Finally, In order to maximize profit in the short run what the company should do is to continue operating at that output level in the short term, since total revenue will cover all of the firm's variable costs and some of its fixed costs.
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