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  3. Study Set
    Principles of Microeconomics
  4. Exam
    Exam 9: Long-Run Costs and Output Decisions
  5. Question
    A Firm That Is Earning a Positive Profit in the Short
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A Firm That Is Earning a Positive Profit in the Short

Question 19

Question 19

True/False

A firm that is earning a positive profit in the short run and expects to continue doing so has an incentive to expand its scale of operation in the long run.

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