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    Exam 12: Firms in Perfectly Competitive Markets
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    Competition Has Driven the Economic Profits in the Video Rental
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Competition Has Driven the Economic Profits in the Video Rental

Question 113

Question 113

True/False

Competition has driven the economic profits in the video rental business to zero.Surya Bacha, who owns a video rental business, would be better off leaving the industry for another alternative.

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