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Price and cost (dollars) 1,000 2,000 3,000 4,000 5,000 Qua ntity In the figure above, the owners are C) making an economic profit. 0 incurring

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Price and cost (dollars) 1,000 2,000 3,000 4,000 5,000 Qua ntity In the figure above, the owners are C) making an economic profit. 0 incurring an economic loss. O making a competitive return. 0 None of the above answers are necessarily correct because more information about the price is required

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