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A firm ________ if it earns zero economic profit.

david fabos

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A firm ________ if it earns zero economic profit.

Question 1.

A firm ________ if it earns zero economic profit.

▸ earns a negative rate of return

▸ will leave the industry

▸ earns a positive but below normal rate of return

▸ earns exactly a normal rate of return

Question 2.

A firm ________ if it earns zero economic profit.

▸ earns a negative rate of return

▸ will leave the industry

▸ earns a positive but below normal rate of return

▸ earns exactly a normal rate of return

Textbook

Principles of Economics

Edition: 12^th

Authors: Case, Fair, Oster

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all is normal

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qwer34

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4 years ago

More solutions for this book are available here

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david fabos Author

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This site is awesome

my life

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I appreciate what you did here, answered it right Smiling Face with Open Mouth

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Thanks

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