Author Question: In the short run, a perfectly competitive firm can earn: a. positive economic profits. b. zero ... (Read 127 times)

D2AR0N · **on:** Jun 30, 2018

In the short run, a perfectly competitive firm can earn:
a. positive economic profits.
b. zero economic profits.
c. negative economic profits.
d. any of the above.

Question 2

The welfare programs undertaken by the U.S. government have been universally successful in reducing poverty and fostering economic growth.
a. True
b. False
Indicate whether the statement is true or false