At output level H in the provided graph, the area
A)0 CGH represents the firm's total cost of production.
B)ACGE represents the firm's economic profit.
C)0 AEH represents the firm's economic profit.
D)BCGF represents the firm's total fixed cost of production.

Question

At output level H in the provided graph, the area
A)0 CGH represents the firm's total cost of production. 
B)ACGE represents the firm's economic profit. 
C)0 AEH represents the firm's economic profit. 
D)BCGF represents the firm's total fixed cost of production.

Quizplus · Accepted Answer

The Answer of  At output level H in the provided graph, the area
A)0 CGH represents the firm's total cost of production. 
B)ACGE represents the firm's economic profit. 
C)0 AEH represents the firm's economic profit. 
D)BCGF represents the firm's total fixed cost of production.

At Output Level H in the Provided Graph, the Area