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(ECON) If you earn $0.00 in economic profit, which of the following is true? a. There is incentive for you to close your business. b. Because you make no money, you will not be …
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(ECON) If you earn $0.00 in economic profit, which of the following is true? a. There is incentive for you to close your business. b. Because you make no money, you will not be …
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Jan 8, 2022
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(ECON) If you earn $0.00 in economic profit, which of the following is true?
a. There is incentive for you to close your business.
b. Because you make no money, you will not be able to support yourself.
c. Your next best alternative is just as profitable as the business you currently run.
d. Your opportunity costs are negligible.
Only answer if you are confident.
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Answer:
a
Step-by-step explanation:
a. There is incentive for you to close your business
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Jan 13, 2022
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