If Melissa Owns a Software Company That Incurs No Fixed

question 180

Multiple Choice

If Melissa owns a software company that incurs no fixed costs,then

• A) her total cost equals her total variable cost.
• B) she will earn an economic profit.
• C) her total variable cost is less than her total cost.
• D) her total cost equals zero.
• E) her marginal cost must equal zero.

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Definitions:

Conservation Biology

A field of science dedicated to understanding and preserving Earth's biodiversity and the habitats of various species through conservation practices.

Ecosystems

Systems comprising both the living organisms and the non-living environment, interacting as a unit.

Restoring

the process of bringing something back to its original state by repairing or cleaning it.

Nonrenewable Resources

Resources that cannot be replenished at the same rate they are consumed, such as oil, coal, and natural gas.