Giuseppe's Pizza is a perfectly competitive firm. The firm's costs are shown in the table above. If the market price is $15, the firm will
A) shut down.
B) leave the market in the long run.
C) stay in the market in the long run.
D) make an economic profit.
C
Economics
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All centrally planned economies
A) have been political dictatorships. B) started out as market economies. C) have become mixed economies. D) began as mixed economies.
Economics
Which of the following would likely be studied in a macroeconomics course?
A) the unemployment rate B) total output in an economy C) the inflation rate D) all of the above
Economics