When Economic Profit Is Equal to Zero, We Say That

question 2

Multiple Choice

When economic profit is equal to zero, we say that

• A)implicit costs equal zero.
• B)a normal profit is being earned.
• C)total cost is greater than total revenue.
• D)accounting profit is negative.
• E)the business is not profitable.

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Schooling

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The legal process or condition through which a minor gains the rights and status of legal adulthood, often freeing them from parental control and allowing them to manage their own affairs.