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Other Fields Homework Help Economics Topic started by: hiusy98 on Jan 23, 2017



Title: The firm depicted in Figure 8.1 is:
Post by: hiusy98 on Jan 23, 2017
The firm depicted in Figure 8.1 is:
A) earning a positive economic profit.
B) incurring an economic loss and should shut down.
C) incurring an economic loss but it should continue to operate in the short run so long as price exceeds average variable costs.
D) earning a zero economic profit.


Title: Re: The firm depicted in Figure 8.1 is:
Post by: sofresh on Jan 23, 2017
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Title: Re: The firm depicted in Figure 8.1 is:
Post by: hiusy98 on Mar 27, 2017
I owe you my life lol