Multiple Choice
Generally,______ motivate firms to enter an industry,while ______ motivate firms to exit an industry.
A) economic profits;economic losses
B) accounting profits;accounting losses
C) accounting profits;economic losses
D) economic profits;accounting losses
E) normal profits;normal losses
Correct Answer:

Verified
Correct Answer:
Verified
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Q2: If the owners of a business are
Q4: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3714/.jpg" alt=" -Refer to the
Q5: A firm earning a normal profit<br>A) should
Q6: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3714/.jpg" alt=" -Refer to the
Q7: Right Panel: The market: a shift of
Q8: Right Panel: The market: a shift of
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Q10: Right Panel: The market: a shift of
Q11: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3714/.jpg" alt=" -Use the data