At P ₁ in the accompanying diagram, this firm will produce
A)47 units and break even.
B)47 units and realize an economic profit.
C)66 units and earn only a normal profit.
D)24 units and earn only a normal profit.

Question

At P ₁ in the accompanying diagram, this firm will produce
A)47 units and break even. 
B)47 units and realize an economic profit. 
C)66 units and earn only a normal profit. 
D)24 units and earn only a normal profit.

Quizplus · Accepted Answer

The Answer of  At P ₁ in the accompanying diagram, this firm will produce
A)47 units and break even. 
B)47 units and realize an economic profit. 
C)66 units and earn only a normal profit. 
D)24 units and earn only a normal profit.

At P ₁ in the Accompanying Diagram, This Firm Will