Figure 9-12 Figure 9-12 Illustrates a

Multiple Choice

Figure 9-12
Figure 9-12 illustrates a

A) competitive price-taker firm that is earning economic profit.
B) competitive price-taker firm that is only able to break even when it is maximizing economic profit.
C) firm that should shut down immediately.
D) competitive price-taker firm that is making economic losses.