If a Firm's Economic Profit Is $0, Then It Must

question 65

Multiple Choice

If a firm's economic profit is $0, then it must be true that

• A) TR equals TC.
• B) TR equals TVC.
• C) TR equals TFC.
• D) TFC is zero.

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Definitions:

Parcel Post

A postal service for sending packages and parcels through the mail.

Certified Mail

A postal service that provides the sender with a mailing receipt and electronic verification that an article was delivered or that a delivery attempt was made.

Irreplaceable

Something so unique or valuable that it cannot be replaced if lost or destroyed.

Signature

A person's handwritten mark or name written on a document as evidence of identity or intent.