Jae sells corn in a perfectly competitive market. The market price for a bushel of corn is $6. Jean has 600 bushels of corn to sell. If her total variable cost is $3,300 and her total fixed cost is $300, then Jae
A) is earning a positive economic profit.
B) is earning a normal profit.
C) is minimizing her losses.
D) should raise her price.
Correct Answer:
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