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    Economics-Microeconomics
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    Exam 12: Perfect Competition
  5. Question
    In the Long Run, a Perfectly Competitive Firm Can
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In the Long Run, a Perfectly Competitive Firm Can

Question 33

Question 33

Multiple Choice

In the long run, a perfectly competitive firm can


A) only make an economic profit.
B) only make zero economic profit.
C) only incur an economic loss.
D) make an economic profit, make zero economic profit, or incur an economic loss.

Correct Answer:

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