u/New-Commission4152

▲ 1 r/econhw

Referred exercises

  1. I would like to seek clarity whether according to the graph attached we can confidently conclude that we are not talking about a zero profit situation?

I was stuck determining what specific scenario can we conclude based on the figure.

  1. I would like to know whether the phrasing issue "will", is in fact incorrect or ambiguous and makes my marked answer "None..." correct?

I was stuck because of the phrasing. I believe that if "might" would be used instead of "will" the mathematically correct answer is obvious, in this case I am struggling to associate my answer (attached) as being incorrect.

Thanks for the clarification.

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u/New-Commission4152 — 13 days ago