If a firm's 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 difference between total revenue and total costs, including both explicit and implicit costs, reflecting the true profitability of a business.

TR

Total revenue, representing the total sales income a firm receives from selling its goods or services.

TC

An abbreviation commonly used for Total Cost, which encompasses all costs incurred in the production of goods or services.