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    Microeconomics Principles
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    Exam 9: Perfect Competition
  5. Question
    A Perfectly Competitive Firm in Long Run Equilibrium Will Earn
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A Perfectly Competitive Firm in Long Run Equilibrium Will Earn

Question 65

Question 65

Multiple Choice

A perfectly competitive firm in long run equilibrium will earn


A) zero economic profit.
B) a small positive economic profit.
C) a large positive economic profit.
D) zero accounting profit.

Correct Answer:

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