(Table: Decision to Enter) Use the table. A firm is consideringwhether to enter an industry, with the conditions upon entryset forth in the table. Entering the industry would require thefirm to pay $800 per day in fixed costs. This firm should________ the industry because its profits would be ________per day.
A)not enter; -$1,350
B)not enter; -$800
C)enter; $700
D)enter; $150

Question

(Table: Decision to Enter) Use the table. A firm is consideringwhether to enter an industry, with the conditions upon entryset forth in the table. Entering the industry would require thefirm to pay $800 per day in fixed costs. This firm should________ the industry because its profits would be ________per day. 
A)not enter; -$1,350 
B)not enter; -$800 
C)enter; $700 
D)enter; $150

Quizplus · Accepted Answer

The Answer of (Table: Decision to Enter) Use the table. A firm is consideringwhether to enter an industry, with the conditions upon entryset forth in the table. Entering the industry would require thefirm to pay $800 per day in fixed costs. This firm should________ the industry because its profits would be ________per day. 
A)not enter; -$1,350 
B)not enter; -$800 
C)enter; $700 
D)enter; $150

(Table: Decision to Enter) Use the Table