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For Entry into a Particular Perfectly Competitive Industry to Occur,which

Question 36

Multiple Choice

For entry into a particular perfectly competitive industry to occur,which of the following must be TRUE?


A) Economic profit > Accounting profit > 0.
B) Accounting profit > Economic profit > 0.
C) Accounting profit > 0 > Economic profit.
D) Accounting profit > Economic profit = 0.
E) Accounting profit = Economic profit = 0.

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