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professor190 [17]
3 years ago
12

If a monopolistically competitive firm breaks even, the firm: a) should expand production b) is earning zero accounting and zero

economic profit c) is earning an accounting profit and will have to pay taxes on that profit d) should advertise its product to stimulate demand
History
1 answer:
FromTheMoon [43]3 years ago
6 0

Answer:

The correct answer is option c.

Explanation:

Break-even point refers to the situation where the economic costs incurred is equal to economic profits. This is graphically represented by the point where the ATC curve intersects the AR curve. The price and output at that point will reflect break even.  

At this point though, the firm will be earning some accounting profit and would need to pay taxes on that profit.

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4 0
3 years ago
After the Vietnam War, many Vietnamese immigrated to the United States and settled in areas where they could maintain many of th
slava [35]

Answer:

Correct option is (a)

Explanation:

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3 0
3 years ago
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6 0
3 years ago
People were angry over the war in Vietnam because of which reasons? (2 correct responses)
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3 0
2 years ago
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irina [24]
The correct answer is:  [B]:
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