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    Managerial Economics and Strategy Study Set 2
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    Exam 7: Firm Organization and Market Structure
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    If a Firm Makes Zero Economic Profit, Then the Firm
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If a Firm Makes Zero Economic Profit, Then the Firm

Question 8

Question 8

Multiple Choice

If a firm makes zero economic profit, then the firm


A) has total revenues greater than its economic costs.
B) must shut down.
C) can be earning positive accounting profit.
D) must have no fixed costs.

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