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We Can Predict That Resources Will Move into an Industry

Question 44

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.

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