When a firm makes zero economic profit, it means that:
A) When a firm makes zero economic profit, it means that:
B) the firm is covering the total opportunity costs of its resources.
C) the firm is covering its entire explicit costs but not its explicit costs.
D) the firm is not covering its opportunity costs and therefore is running at a loss.
E) the firm's social marginal benefit is greater than its social marginal cost.
Correct Answer:
Verified
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