Figure: Profits and Competitive Firms Reference: Ref 11-8 (Figure: Profits and Competitive Firms) Refer to the four panels in the figure. Which of the panels shows a competitive firm making positive economic profits?
A) Panel A
B) Panel B
C) Panel C
D) Panel D

Question

Figure: Profits and Competitive Firms Reference: Ref 11-8  (Figure: Profits and Competitive Firms) Refer to the four panels in the figure. Which of the panels shows a competitive firm making positive economic profits?
A) Panel A 
B) Panel B 
C) Panel C 
D) Panel D

Quizplus · Accepted Answer

The Answer of Figure: Profits and Competitive Firms Reference: Ref 11-8  (Figure: Profits and Competitive Firms) Refer to the four panels in the figure. Which of the panels shows a competitive firm making positive economic profits?
A) Panel A 
B) Panel B 
C) Panel C 
D) Panel D