9.3 Short-Run Decisions Assume the Following Total Cost Schedule for a Perfectly Competitive

question 73

Multiple Choice

9.3 Short-Run Decisions
Assume the following total cost schedule for a perfectly competitive firm.
TABLE 9-2
-Refer to Table 9-2.At what price would a profit-maximizing firm earn zero economic profits?

• A)$40
• B)$70
• C)$145
• D)$220
• E)$430