Firms That Employ Exceptionally Productive Resources

Multiple Choice

Firms that employ exceptionally productive resources

A) have lower costs than other firms in the industry and are able to earn positive economic profit in the long run.
B) earn zero economic profit.
C) will typically have to pay the exceptional resource economic rent equal to the reduction in cost due to employing the exceptionally productive resource.
D) both a and b
E) both b and c