. The price at which Smitten would earn a normal profit is where multiple choice marginal cost equals average cost at the minimum of average cost. marginal cost equals marginal revenue at the minimum of marginal cost. Incorrect marginal cost equals average cost. average cost equals average revenue at the minimum of average cost.

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.

this conflict is person vs. society

if you need further explanations, comment below!

hope this ! < 3