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    Microeconomics Principles
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    Exam 9: Perfect Competition
  5. Question
    In the Long Run,an Entrepreneur Who Owns a Perfectly Competitive
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In the Long Run,an Entrepreneur Who Owns a Perfectly Competitive

Question 17

Question 17

True/False

In the long run,an entrepreneur who owns a perfectly competitive firm will earn an income just equal to what she could earn in the next best alternative use of her time.

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