Refer to the above table. If the price is $3, the perfectly competitive firm should produce

In the short run, a perfectly competitive firm

A) must make an economic profit. B) must incur an economic loss. C) must make zero economic profit. D) might make an economic profit, zero economic profit, or incur an economic loss. E) None of the above answers is correct.

Social insurance programs are conditioned on events, rather than means

Indicate whether the statement is true or false