Refer to the data in the accompanying table.Assuming total fixed costs equal to zero, the firm's
A)economic profit is $12.
B)economic profit is $16.
C)loss is $14.
D)economic profit is $3.

Question

Refer to the data in the accompanying table.Assuming total fixed costs equal to zero, the firm's
A)economic profit is $12. 
B)economic profit is $16. 
C)loss is $14. 
D)economic profit is $3.

Quizplus · Accepted Answer

The Answer of 
Refer to the data in the accompanying table.Assuming total fixed costs equal to zero, the firm's
A)economic profit is $12. 
B)economic profit is $16. 
C)loss is $14. 
D)economic profit is $3.

Refer to the Data in the Accompanying Table