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Author Question: If a firm's profit is $0, then it must be truethat (Read 37 times)

penza

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on: Apr 19, 2019

Question 1

The Reliable Auto Repair Shop is earning a total revenue of $7,000. Its total fixed costs are $700, and its total variable costs are $2,500. The Reliable Auto Repair Shopʹs profit is


◦ -$1,800.
◦ $3,800.
◦ $4,500.
◦ $6,300.

Question 2

If a firm's profit is $0, then it must be 
true that


◦ TR equals 
TC.
◦ TR equals 
TVC.
◦ TR equals 
TFC.
◦ TFC is zero.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by penza on Apr 19, 2019

Kingjoffery

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Reply #1 on: Apr 19, 2019
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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penza

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Reply #2 on: Apr 19, 2019
TY


Kingjoffery

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Reply #3 on: Apr 19, 2019
You're welcome


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