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-If the Firm in Figure 10-21 Were to Shut Down

Question 115

Multiple Choice

  -If the firm in Figure 10-21 were to shut down in the short run,it would have A) an economic loss of zero,instead of economic losses of $25,000 by producing B) an economic loss of $18,750,instead of economic losses equal to $12,500 by producing C) an economic loss of zero,instead of economic profits of $6,250 D) the same economic loss it would have if it continued to produce E) an economic loss of $43,750,instead of economic losses equal to $37,500
-If the firm in Figure 10-21 were to shut down in the short run,it would have


A) an economic loss of zero,instead of economic losses of $25,000 by producing
B) an economic loss of $18,750,instead of economic losses equal to $12,500 by producing
C) an economic loss of zero,instead of economic profits of $6,250
D) the same economic loss it would have if it continued to produce
E) an economic loss of $43,750,instead of economic losses equal to $37,500

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