Multiple Choice
The firm illustrated above is
A) earning an economic profit of $400,000 per month.
B) earning an economic profit of $2,000,000 per month.
C) earning an economic profit of $1,600,000 per month.
D) incurring an economic loss of $400,000 per month.
E) incurring an economic loss of $1,600,000 per month.
Correct Answer:
Verified
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