Answer:
c. The firm is earning zero economic profit and should continue to operate.
Explanation:
This is because at that point firm has not earned any profit or facing a loss.
Answer:
examine how firms complete in a given industry
Answer:
B) both curves would shift to the right.
Explanation:
The long-run aggregate supply (LRAS) curve will shift to the right because the production costs will decrease, increasing total production output and lowering prices.
The production possibilities frontier (PPF) will also shift to the right because more production output increases total supply, and that increases the production possibilities of the country.
True total utility always decreases when marginal utility is present
The answer is frequent sales:
This is because all the other answers would make the shop lifter feel discouraged as there is a lot of security, when more sales would most likely have no affect
