If a Firm Is Earning Negative Economic Profits,it Implies

question 10

Multiple Choice

If a firm is earning negative economic profits,it implies

• A)That the firm's accounting profits are zero
• B)That the firm's accounting profits are positive
• C)That the firm's accounting profits are negative
• D)More information is needed to conclude about accounting profits

---

Definitions:

Personal Satisfaction

The feeling of contentment or fulfillment that comes from achieving personal goals, desires, or from overall life circumstances.

Dual-Earner Families

Households in which both partners earn an income, typically to support their family financially.

Competing Demands

Situations or priorities that are in conflict with each other, requiring a choice to be made about which one to prioritize.

Dual-Career Couples

Partnerships where both individuals pursue their own careers simultaneously, often facing challenges related to balancing work and family life.