Total expenditures on a company's product will be largest when it is priced such that the elasticity of demand:

The power of the contract and the ability to enforce contracts in the U.S. are, in part, responsible for the overall success of the U.S. economy

Indicate whether the statement is true or false

Economic profits at the short-run break-even point are

A) positive. B) negative. C) equal to zero. D) indeterminate since they also depend on the size of the fixed costs.