The table gives data for a purely competitive, profit-maximizing firm. Based on this information, in the short run how much is this firm earning in economic profit (or losing, as reflected by negative numbers)?
A)$30.
B)$58.
C)$78.
D)$50.

Question

The table gives data for a purely competitive, profit-maximizing firm. Based on this information, in the short run how much is this firm earning in economic profit (or losing, as reflected by negative numbers)?
A)$30. 
B)$58. 
C)$78. 
D)$50.

Quizplus · Accepted Answer

The Answer of  The table gives data for a purely competitive, profit-maximizing firm. Based on this information, in the short run how much is this firm earning in economic profit (or losing, as reflected by negative numbers)?
A)$30. 
B)$58. 
C)$78. 
D)$50.

The Table Gives Data for a Purely Competitive, Profit-Maximizing Firm