8 Questions
What happens when the average cost (AC) is below the market price at equilibrium?
The firm earns a positive profit
What occurs when the average cost (AC) is above the market price at equilibrium?
The firm earns a negative profit (incurs a loss)
What happens when the average cost (AC) is equal to the market price at equilibrium?
The firm earns zero profit or normal profit
What is the result of a firm's AC being above the market price at equilibrium?
The firm earns a negative profit (incurs a loss)
ምን ተመሳሳይ ነው እንዴት እንደሚቀጥለው በመተላለፍ ዕድል (AC) እና ምን ባቀረዉ እንደሚፈጠረው በትክክለኛ እንደሚመጣ?
ስለ ዕድሜ ፅ/ ነገር
AC በመተላለፍ ዕድል (AC) እና ጤ/ መ/ በ/ መ/ ት/ መ/ መ/ በ/ AC/ P=Q?
0%
AC/P=Q (AC) በ/ AC/P=Q=0%>?
Negative profit (loss)
AC/P=Q (AC) በ/ AC/P=Q=50%>?
Normal profit (zero profit)
Test your knowledge of economic profit and loss in microeconomics with this quiz. Explore the concepts of positive profit, negative profit (loss), and normal profit (zero profit) through practical scenarios and figures.
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