Multiple Choice
For exit from a particular perfectly competitive industry to occur,which of the following must be TRUE?
A) Accounting profit < Economic profit < 0.
B) Economic profit < Accounting profit < 0.
C) 0 < Economic profit < Accounting profit.
D) Economic profit < 0 < Accounting profit.
E) Economic profit < 0.
Correct Answer:

Verified
Correct Answer:
Verified
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