When total revenue minus total cost is equal to zero, the firm ...

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When total revenue minus total cost is equal to zero, the firm is:
 a. earning above-average economic profit.
  b. earning a normal profit.
  c. losing too much money to stay in business.
  d. earning abnormally low profits.

Question 2

If all firms expect greater demand for their products or services, they will hire _____ resources like labor and capital and the economy will experience _____.
 a. fewer; recession
  b. fewer; growth
 c. more; deflation
 d. more; recession
  e. more; growth

[yahahah24021]

Answer to Question 1

b

Answer to Question 2

e

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TYSM

[ghepp]

Excellent