A Firm in Short-Run Equilibrium Always Earns Positive Profits If

question 126

Multiple Choice

A firm in short-run equilibrium always earns positive profits if

• A)AC > P > AVC.
• B)AR > AC.
• C)MR = MC.
• D)AC > MC.

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Definitions:

Forms of Communication

Various methods or modalities used to convey messages and information, including verbal, non-verbal, written, and digital.

Benefit

An advantage or profit gained from something.

Passive Activity

An activity in which the person involved does not actively participate or exert control, often used in reference to certain types of income for tax purposes.

Sensing

A process of receiving and responding to stimuli or input from the environment, often involving the detection of physical changes.