La Super Rica is a taco stand in Santa Barbara, California. It is popular with the locals and even the late Julia Child found the food delicious. Suppose La Super Rica maximizes its profit
If La Super Rica's lunch price is greater than its average total cost, which of the following statements is NOT true? A) La Super Rica is producing at its efficient scale.
B) La Super Rica is making an economic profit.
C) La Super Rica is producing a quantity where marginal revenue equals marginal cost.
D) La Super Rica has excess capacity.
A
Economics
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According to the labor statistics of the United States, the _____ reported the highest unemployment rate between 1960 and 2008
a. Whites b. Asians c. African Americans d. Hispanics e. Latinos
Economics