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Author Question: If revenue is less than ________, profit is ________. (Read 28 times)

burton19126

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on: Apr 19, 2019

Question 1

A firm ________ in the short-run has an incentive to expand its long-run scale of operation.


◦ breaking even
◦ earning positive profits
◦ that shuts down
◦ making a loss

Question 2

If revenue is less than ________, profit is ________.


◦ total cost; negative
◦ total fixed cost; positive
◦ total variable cost; zero
◦ total cost; positive
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by burton19126 on Apr 19, 2019

Danny Ewald

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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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burton19126

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

Liddy

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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