Asked by Bob
If the market price falls below $4.50, the firm will earn
A. positive economic profits in the short run.
B. negative economic profits in the short run but remain in business.
C. negative economic profits in the short run and shut down.
D. zero economic profits in the short run.
A. positive economic profits in the short run.
B. negative economic profits in the short run but remain in business.
C. negative economic profits in the short run and shut down.
D. zero economic profits in the short run.