Need your help please, in understanding. The following thanks! The perfectly competitive firm's short-run shutdown rule is to shut down immediately ifa. TR < TC.b. TR < FC.c. TR < VC.d. TR < MC > Q. The difference between zero profit and zero economic profit is that a. economists include opportunity cost in zero economic profit, while accountants do not include opportunity cost in zero profit.b. economists do not include opportunity cost in zero economic profit, while accountants do include opportunity cost in zero profit.c. economists include opportunity cost in zero profit, while accountants do not include opportunity cost in zero economic profit.d. economists do not include opportunity cost in zero profit, while accountants do include opportunity cost in zero economic profit.
Need your help please, in understanding. The following thanks!
The
a. TR < TC.
b. TR < FC.
c. TR < VC.
d. TR < MC > Q.
The difference between zero profit and zero economic profit is that
a. economists include
b. economists do not include opportunity cost in zero economic profit, while accountants do include opportunity cost in zero profit.
c. economists include opportunity cost in zero profit, while accountants do not include opportunity cost in zero economic profit.
d. economists do not include opportunity cost in zero profit, while accountants do include opportunity cost in zero economic profit.
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