Refer to the Graph Shown

question 141

Multiple Choice

Refer to the graph shown. If this firm is maximizing profit, it will:

• A) earn just normal profits, that is, zero economic profits.
• B) earn economic profits.
• C) incur a loss.
• D) make enough to cover its variable costs but not its fixed costs.

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Definitions:

Beneficial

Having a positive or useful effect; providing a benefit.

Harmful

Referring to anything that can cause damage or adverse effects on living organisms or the environment.

Nonpolar Covalent

A type of chemical bond where two atoms share a pair of electrons with each other equally because they have similar electronegativities.

Polar Covalent

A polar covalent bond is a type of chemical bond where a pair of electrons is unequally shared between two atoms, leading to a molecule with partial positive and negative charges.