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    Microeconomics Theory Study Set 1
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    Exam 8: Competitive Firms and Markets
  5. Question
    If a Competitive Firm Is in Short-Run Equilibrium,then
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If a Competitive Firm Is in Short-Run Equilibrium,then

Question 44

Question 44

Multiple Choice

If a competitive firm is in short-run equilibrium,then


A) profits equal zero.
B) economic profits will be positive.
C) economic profits will be negative.
D) All of the above are possible in the short run.

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