Multiple Choice

-When a firm is earning zero economic profits
A) accounting profit is zero.
B) total revenue is greater than total cost.
C) P = ATC.
D) P is greater than ATC.
Correct Answer:
Verified
Related Questions

-When a firm is earning zero economic profits
A) accounting profit is zero.
B) total revenue is greater than total cost.
C) P = ATC.
D) P is greater than ATC.
Correct Answer:
Verified