If a Firm Does Not Produce Any Output,its

question 110

Multiple Choice

If a firm does not produce any output,its

• A) total fixed cost must be zero.
• B) economic profit must be positive.
• C) total variable cost must be zero.
• D) total costs must be zero.
• E) marginal cost must be zero.

---

Definitions:

Time Management

The ability to use one's time effectively or productively, especially at work or in daily activities.

Competing Priorities

Situations where two or more tasks or demands are simultaneously required, necessitating prioritization and efficient time management.

Laissez-Faire

An economic philosophy of free-market capitalism that opposes government intervention.

Unregulated Care Provider (UCP)

A health care worker who is not regulated by a professional body but who provides care support under the supervision of a regulated health professional.