The Fed's tools are also known as
A) goals.
B) intermediate targets.
C) instruments.
D) derivatives.
C
Economics
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A firm operating in a perfectly competitive market earns zero economic profit in the long run but remains in business because the firm's revenues cover the business owners' opportunity costs
a. True b. False Indicate whether the statement is true or false
Economics
Refer to the information provided in Figure 7.1 below to answer the following question(s). 
Figure 7.1Refer to Figure 7.1. This corn producer produces 100 bushels of corn and sells each bushel at $5. The cost of producing each bushel is $2. This corn producer's total revenue is ________ and profit is ________.
A. $200; $300 B. $300; $200 C. $500; $200 D. $500; $300
Economics