At the profitmaximizing output level, the firm in Exhibit 107 is
A)earning economic profit of $760
B)earning economic profit of $950
C)earning zero economic profit
D)earning economic profit of $990
E)suffering a loss of $1,000

Question

At the profit­maximizing output level, the firm in Exhibit 10­7 is
A)earning economic profit of $760 
B)earning economic profit of $950 
C)earning zero economic profit 
D)earning economic profit of $990 
E)suffering a loss of $1,000

Quizplus · Accepted Answer

The Answer of  At the profit­maximizing output level, the firm in Exhibit 10­7 is
A)earning economic profit of $760 
B)earning economic profit of $950 
C)earning zero economic profit 
D)earning economic profit of $990 
E)suffering a loss of $1,000

At the Profit­maximizing Output Level, the Firm in Exhibit 10­7

At the Profitmaximizing Output Level, the Firm in Exhibit 107