In the Long-Run,which of the Following Outcomes Is Most Likely

question 56

Multiple Choice

In the long-run,which of the following outcomes is most likely for a firm?

• A)Zero accounting profits but positive economic profits.
• B)Zero accounting profits.
• C)Positive accounting profits and positive economic profits.
• D)Zero economic profits but positive accounting profits.

---

Definitions:

Special Characters

Characters that are not letters or numbers, often used in programming and password creation for added security.

Chromebook

Any laptop or tablet running the Chrome OS as its operating system.

Google Chrome

A popular web browser developed by Google, known for its speed and simplicity.

Desktop Computer

A computer that is intended for use at a single location. A desktop computer consists of a case that houses the main components of the computer, plus peripheral devices.