Darlene runs a fruit and vegetable stand in a medium-sized community where there are many such stands. Her weekly total revenue equals $3,500 . Her weekly total cost of running the stand equals $3,500, consisting of $2,500 of variable costs and $1,000 of fixed costs. An economist would likely advise Darlene to:
a. shut down as quickly as possible because the stand is generating losses
b. keep the stand open because it is generating a normal profit.
c. keep the stand open for a while longer because she is covering all of her variable costs and some of her fixed costs.
d. keep the stand open for a while longer because she is covering all of her fixed costs and some of her variable costs.
b
Economics
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Indicate whether the statement is true or false
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