Multiple Choice
We can predict that resources will move into an industry whenever
A) economic profits for firms in that industry are greater than zero.
B) economic losses for firms in that industry are minimized.
C) economic profits for firms in that industry are zero.
D) accounting profits for firms in that industry are zero.
E) accounting profits for firms in that industry are greater than zero.
Correct Answer:

Verified
Correct Answer:
Verified
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