Entry continues as long as
A) economic profits are zero.
B) accounting profits are positive.
C) accounting profits are positive and economic profits are negative.
D) economic profits are positive.
D
Economics
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A firm's total cost (TC) equals the sum of its fixed cost plus its
A) marginal cost. B) variable cost. C) variable cost plus its marginal cost. D) sunk cost plus its variable cost plus its marginal cost.
Economics
Futures contracts are marked-to-market
A) every day. B) every week. C) every month. D) every quarter.
Economics
List and give examples of the five pitfalls to economic thinking
Please provide the best answer for the statement.
Economics
Using the above table, the Disposable Personal Income (DPI) for the country is
A. 298. B. 220. C. 78. D. 147.
Economics