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Author Question: If a perfectly competitive seller is maximizing profit and is making zero economic profit, which of ... (Read 115 times)

sc00by25

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on: May 24, 2019
If a perfectly competitive seller is maximizing profit and is making zero economic profit, which of the following will this seller do?
◦ go to work in the next-best earning opportunity
◦ shut down, with a loss equal to total fixed cost
◦ continue at the current output, making zero economic profit
◦ increase production in order to make an economic profit
◦ remain open but decrease production in order to make an economic profit
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by sc00by25 on May 24, 2019

lucas dlamini

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Reply #1 on: May 24, 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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sc00by25

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Reply 2 on: May 24, 2019
Great answer, keep it coming :)

bassamabas

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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