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    Exam 23: Perfect Competition
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    When a Firm Has Economic Profits Equal to Zero
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When a Firm Has Economic Profits Equal to Zero

Question 285

Question 285

Multiple Choice

When a firm has economic profits equal to zero


A) the firm is earning a normal rate of return on investment.
B) the firm is not earning a normal rate of return on investment.
C) the firm should shut down.
D) the firm's accounting profits are also zero.

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