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    Microeconomics Study Set 44
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    Exam 9: Decision Making by Individuals Firms
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    If the Accounting Profit for a Firm Is Negative
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If the Accounting Profit for a Firm Is Negative

Question 54

Question 54

Multiple Choice

If the accounting profit for a firm is negative:


A) the economic profit must be positive.
B) the economic profit must be negative.
C) the firm should produce more.
D) the firm will not owe any taxes.

Correct Answer:

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