Multiple Choice
If a firm is making zero economic profit, it
A) will be forced to shutdown and leave the market.
B) will also generally be making zero accounting profit.
C) is doing as well as typical firms in other markets.
D) will not survive in the long run.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q10: If a competitive price-taker firm is currently
Q11: Karlos sells his product for $40 each
Q12: In price-taker markets, individual firms have no
Q13: If a price-taker firm selling in a
Q14: If the ice cream industry is a
Q16: In the price-taker model, what impact does
Q17: When market conditions in a price-taker market
Q18: A former union employee states: "We were
Q19: Which of the following business decisions will
Q20: In the short run, a firm that