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melisooflyy melisooflyy
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2 months ago

When a firm earns zero economic profit, it has



not covered all its explicit costs.



not covered all its implicit costs.



not earned enough to stay in business.



definitely earned an accounting profit if implicit costs are positive.



none of the above

Textbook 
Economics

Economics


Edition: 12th
Author:
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abu-jahdoabu-jahdo
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2 months ago
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definitely earned an accounting profit if implicit costs are positive.



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melisooflyy Author
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2 months ago
Just got PERFECT on my quiz
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Yesterday
Thanks
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This helped my grade so much Perfect
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