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When economic profits in an industry are zero: Select one: a. firms are really doing badly. b. firms are doing as well as they could do in other markets. c. the industry is not in long-run equilibrium.
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Jan 4, 2020
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When economic profits in an industry are zero: Select one:
a. firms are really doing badly.
b. firms are doing as well as they could do in other markets.
c. the industry is not in long-run equilibrium.
d. firms should exit so they can make an economic profit in some other market.
Business
high-school
RobSeg
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Step-by-step explanation:
am not sure but i can go for B
AlfonsoML
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Jan 8, 2020
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AlfonsoML
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