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    Principles of Microeconomics Study Set 8
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    Exam 6: Efficiency and Exchange
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    A Firm Earning a Normal Profit
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A Firm Earning a Normal Profit

Question 5

Question 5

Multiple Choice

A firm earning a normal profit


A) should exit the industry.
B) will shut down.
C) has no incentive to leave the industry.
D) is covering explicit costs but not implicit costs.
E) is covering implicit costs but not explicit costs.

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