The break- even point where TR=TC, the firm cannot earn abnormal … - Vidyadip

MCQ

The break- even point where TR=TC, the firm cannot earn abnormal profits

A
Can’t say
B
False
✓
True
D
May be

✓

Answer

Correct option: C.

True

(c) True
Explanation: The firm can earn abnormal profits only when TR > TC

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