If a firm makes zero economic profit, then the firm
A) has no incentive to stay in the industry.
B) is better of exiting the industry.
C) is indifferent between staying and exiting the industry.
D) will shut down.
C
Economics
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Exhibit 6A-2 Consumer Equilibrium
?
Given the budget lines and indifference curves shown in Exhibit 6A-2, points D, A, and E yield:
A. more total utility than point B. B. more total utility than points B and F. C. less total utility than points B and C. D. equal total utility to points B, F, and C.
Economics