For a perfectly competitive firm facing the short-run break-even price

A) it has a negative accounting profit.
B) it has an economic profit of zero.
C) it should shut down.
D) it should expand production.

B

Economics

You might also like to view...

Which of the following is an example of a renewable natural resource?

a. fish b. soybeans c. wood d. All of the above are correct.

Economics

List two reasons why the Fed can not control the exact size of the money supply

Economics