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-The Figure Above Shows Short-Run Cost Curves for a Perfectly

Question 93

Multiple Choice

-The figure above shows short-run cost curves for a perfectly competitive firm. If the price of the product is $8, in the short run the firm will A) make zero economic profit. B) make an economic profit. C) incur an economic loss. D) None of the above answers is correct because more information is needed to determine the firm's economic profit or loss.
-The figure above shows short-run cost curves for a perfectly competitive firm. If the price of the product is $8, in the short run the firm will


A) make zero economic profit.
B) make an economic profit.
C) incur an economic loss.
D) None of the above answers is correct because more information is needed to determine the firm's economic profit or loss.

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