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    Principles of Economics
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    Exam 15: Entry, Exit, and Long-Run Profitability
  5. Question
    In a Long-Run Equilibrium, Economic Profits Are
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In a Long-Run Equilibrium, Economic Profits Are

Question 42

Question 42

Multiple Choice

In a long-run equilibrium, economic profits are:


A) positive.
B) zero.
C) negative.
D) indeterminate.

Correct Answer:

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