A)The price which ensures that the firm is able to make normal profits only.
B)The price which ensures that the firm is able to make economic profits only.
C)The price which ensures that the output will be produced at the lowest possible cost.
D)The price which ensures the best allocation of products.
E)A price equal to average cost.
10+ million students use Quizplus to study and prepare for their homework, quizzes and exams through 20m+ questions in 300k quizzes.
Explore our library and get Economics Homework Help with various study sets and a huge amount of quizzes and questions
Get free access by uploading any valuable academic documents
Invite your friends by sharing your unique referral link, and get a free access
Sign up to get 5 free question for every quiz you visit. Or Subscribe and get instant access