Narrbegin Exhibit 7.1 Total revenue and total cost graph
-In Exhibit 7.1, if output is between 100 and 200 units per week, economic profit for the firm is:

Name: Narrbegin Exhibit 7.1 Total revenue and total cost graph -In Exhibit 7.1, if output is between 100 and 200 units per week, economic profit for the firm is:
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Question

Narrbegin Exhibit 7.1 Total revenue and total cost graph  
-In Exhibit 7.1, if output is between 100 and 200 units per week, economic profit for the firm is:

Quizplus · Accepted Answer

If output is between 100 and 200 units per week, the total cost curve is above the total revenue curve, indicating a negative economic profit or zero. Therefore, the best choice is B.