If a Competitive Firm Is in Short-Run Equilibrium,then

question 2

Multiple Choice

If a competitive firm is in short-run equilibrium,then

• A)profits equal zero.
• B)it will not operate at a loss.
• C)an increase in its fixed cost will have no effect on profit.
• D)an increase in its fixed cost will have no effect on output as long as revenue can cover its variable cost.

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