if-a-firms-economic-profit-is-zero-what-does-this-imply-about-its-long-run-produ

Question

If a firm's economic profit is zero, what does this imply about its long run production decision?

Accepted Answer

The firm is covering all its opportunity costs and should continue producing.

Answer

The firm is making a profit and should expand production.

Answer

The firm is making a loss and should shut down immediately.

Answer

The firm is not covering its opportunity costs and should exit the market.