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-The Table Above Shows Output and Costs of Evan's Subs

Question 334

Multiple Choice

-The table above shows output and costs of Evan's Subs, a typical perfectly competitive firm in a local market for sandwiches. Evan's fixed cost is $9 per hour. The current market price of a sandwich is $6. What is Evan's maximum short-run economic profit? A) $6 per hour B) $1 per hour C) -$6 per hour D) zero
-The table above shows output and costs of Evan's Subs, a typical perfectly competitive firm in a local market for sandwiches. Evan's fixed cost is $9 per hour. The current market price of a sandwich is $6. What is Evan's maximum short-run economic profit?


A) $6 per hour
B) $1 per hour
C) -$6 per hour
D) zero

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