At P ₃ in the accompanying diagram, this firm will
A)produce 14 units and realize an economic profit.
B)produce 62 units and earn only a normal profit.
C)produce 40 units and incur a loss.
D)shut down in the short run.

Question

At P ₃ in the accompanying diagram, this firm will
A)produce 14 units and realize an economic profit. 
B)produce 62 units and earn only a normal profit. 
C)produce 40 units and incur a loss. 
D)shut down in the short run.

Quizplus · Accepted Answer

The Answer of  At P ₃ in the accompanying diagram, this firm will
A)produce 14 units and realize an economic profit. 
B)produce 62 units and earn only a normal profit. 
C)produce 40 units and incur a loss. 
D)shut down in the short run.

At P ₃ in the Accompanying Diagram, This Firm Will