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Author Question: If total revenue exceeds fixed cost, a firm A) is making short-run profits. B) should produce in ... (Read 118 times)

Caiter2013

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on: Jun 29, 2018
If total revenue exceeds fixed cost, a firm
 
  A) is making short-run profits.
  B) should produce in the short run.
  C) has covered its variable cost.
  D) may or may not produce in the short run, depending on whether total revenue covers variable cost.

Question 2

Entrepreneurs who earn arbitrage profit are able to do so by extracting the total consumer surplus from buyers.
 
  Indicate whether the statement is true or false
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Ddddd

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Caiter2013

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

Animal_Goddess

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Reply 3 on: Yesterday
Excellent

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