Q. At "Break-even point", (Solved)
1. the industry is in equilibrium in the long run.
2. the producers suffers the minimum losses
3. the seller earns maximum profit
4. the firm is at zero-profit point
- d. the firm is at zero-profit point
1. the industry is in equilibrium in the long run.
2. the producers suffers the minimum losses
3. the seller earns maximum profit
4. the firm is at zero-profit point