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Author Question: The difference between a perfectly competitive firm's total revenue and its total cost is A) ... (Read 47 times)

DyllonKazuo

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on: Jun 29, 2018
The difference between a perfectly competitive firm's total revenue and its total cost is
 
  A) always positive.
  B) always negative.
  C) always zero.
  D) greatest at the profit-maximizing level of output.

Question 2

The data in the table above are the U.S. balance of payments. The current account balance is
 
  A) 140 billion.
  B) 155 billion.
  C) 170 billion.
  D) -45 billion.


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Liddy

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


DyllonKazuo

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Reply #2 on: Jun 29, 2018
Thank you


Liddy

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Reply #3 on: Jun 29, 2018
No problemo


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