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Figure 6.3 -In Figure 6.3, If the Market Price Was $9 the $9

Question 28

Multiple Choice

Figure 6.3 -In Figure 6.3, if the market price was $9 the firm would A) shut down operations. B) earn a positive economic profit. C) earn a positive accounting profit, but zero economic profit. D) not be able to cover all the opportunity costs of the resources it uses. Figure 6.3
-In Figure 6.3, if the market price was $9 the firm would

A) shut down operations.
B) earn a positive economic profit.
C) earn a positive accounting profit, but zero economic profit.
D) not be able to cover all the opportunity costs of the resources it uses.

Correct Answer: