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    Principles of Microeconomics Study Set 10
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    Exam 14: Firms in Competitive Markets
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    When a Profit-Maximizing Firm in a Competitive Market Has Zero
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When a Profit-Maximizing Firm in a Competitive Market Has Zero

Question 372

Question 372

Multiple Choice

When a profit-maximizing firm in a competitive market has zero economic profit, accounting profit


A) is negative.
B) is at least zero.
C) is also zero.
D) could be positive, negative or zero.

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