Multiple Choice
If Nicole's Knick-Knacks is a perfectly competitive firm and is making zero economic profits:
A) firms will enter the market.
B) firms will exit the market.
C) Nicole's Knick-Knacks will stay in the market.
D) the market supply curve will shift to the left.
E) the market supply curve will shift to the right.
Correct Answer:
Verified
Correct Answer:
Verified
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