Use the Following to Answer Question

question 220

Multiple Choice

Use the following to answer question:
Figure: The Restaurant Market
-(Figure: The Restaurant Market) Use Figure: The Restaurant Market.The figure shows curves facing a typical restaurant.Assume that many firms,differentiated products,and easy entry and exit characterize the restaurant market.In long-run equilibrium,the economic profit earned by the typical restaurant in the community will be:

• A)negative.
• B)zero.
• C)equal to the level shown in the figure.
• D)Not enough information is given to answer the question.

---

Definitions:

U.S. Government Bond

A debt security issued by the United States Department of the Treasury to support government spending, considered a low-risk investment.

RSLinx

A software application by Rockwell Automation that provides connectivity between Rockwell Automation controllers and a variety of devices, systems, and networks.

RSWho

A troubleshooting tool within the RSLogix software, used for identifying and configuring devices on a network.

Structure-Type Tag

This refers to a classification or identifier used to describe the form or architecture of a particular data structure or element within a program.