Excess capacity is defined as the difference between a firm's maximum possible output and its actual output

The table above shows four methods for producing 10 computer desks a day. If the cost of a worker is $50 a day and the cost of capital is $150 a day, ________ economically efficient

A) method A is B) method B is C) method D is D) method A or C is

The above figure shows the demand and cost curves for a firm in monopolistic competition. In the figure, the firm makes an economic profit of

A) $0. B) $20. C) $40. D) $120.