A firm that breaks even after all economic costs are paid is earning ?

Related Mcqs:

Which best describes a supply curve ?

A. The quantity consumers would like to buy in an ideal world B. The quantity producers are willing and able to sell at each and every price all other things unchanged C. The quantity producers are willing and able to sell at each and every income all other things unchanged D. The quantity producers are … Which best describes a supply curve ?Read More...

Positive cross elasticities suggest that goods are ____ and negative cross-elasticities that goods are ?

A. substitutes inferior B. normal, complements C. substitutes complements D. normal, inferior...

An increase in aggregate demand if aggregate supply is totally inelastic will ?

A. increase price but not output B. increase output but not price C. increase output and price D. decrease output and price...

The price elasticity of demand is a negative number this means ?

A. Demand is price elastic B. Demand is price inelastic C. The demand curve is downward sloping D. An increase in income will reduce the quantity demanded...

A measurement showing how quantity demanded varies with income is the ?

A. Price elasticity of demand B. Cross-price elasticity of demand C. budget elasticity of demand D. income elasticity of demand...