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chomtong chomtong
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6 years ago
Refer to Figure 15.6. If Trollioʹs T-shirts is producing 50 silk-screened T-shirts and selling each T-shirt at $16, then in the long run this firm should
A) exit the industry, as it is earning a zero economic profit.
B) continue to produce 50 silk-screened T-shirts and sell each T-shirt for $16.
C) increase output to 60 silk-screened T-shirts.
D) reduce output to try to increase profits.
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goldlilysgoldlilys
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