morganmueller4118 morganmueller4118
  • 15-02-2024
  • Business
contestada

Consider an outcome in which Firm A profits are $500 thousand, Firm B profits are $150 thousand, and Firm C losses are $300 thousand. Based on this information, it appears as if it is a ________?
1) Profitable outcome
2) Loss-making outcome
3) Break-even outcome
4) Cannot be determined

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