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    Economics Today Study Set 1
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    Exam 22: The Firm: Cost and Output Determination
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    If the Firm Can Vary All Factors of Production, It
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If the Firm Can Vary All Factors of Production, It

Question 50

Question 50

Multiple Choice

If the firm can vary all factors of production, it is operating


A) at a profit.
B) at a zero economic profit.
C) in the short run.
D) in the long run.

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