If a firm's economic profit is $0, then it must be true that

A) TR equals TC.
B) TR equals TVC.
C) TR equals TFC.
D) TFC is zero.

Economic Profit

The discrepancy between a company's overall income and its combined explicit and implicit expenses.

TR

A common abbreviation for Total Revenue, the total income generated from sales of goods or services.

TC

Typically stands for Total Cost, which in economics is the sum of all costs incurred in the production of goods or services.