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    Principles of Microeconomics
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    Exam 9: Maximizing Profit
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    "The Long Run Doesn't Exist; It's a Goal Towards Which
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"The Long Run Doesn't Exist; It's a Goal Towards Which

Question 46

Question 46

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"The long run doesn't exist; it's a goal towards which we strive." Explain this statement.

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Firms operate in the short run, continua...

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