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  2. Topic
    Business
  3. Study Set
    Managerial Economics Markets
  4. Exam
    Exam 9: The Entrepreneur and the Market Process
  5. Question
    If Economic Profits Are Zero, Then the Entrepreneur Can Go
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If Economic Profits Are Zero, Then the Entrepreneur Can Go

Question 18

Question 18

True/False

If economic profits are zero, then the entrepreneur can go elsewhere and do better.

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Related Questions

Q13: The market process is<br>A)governmental.<br>B)institutional.<br>C)dynamic.<br>D)all of these choices.

Q14: A bond is a form of<br>A)dividend.<br>B)debt.<br>C)equity.<br>D)stock.

Q15: Entrepreneurs seek accounting profit.

Q16: Economic profit equals<br>A)accounting profit plus the cost

Q17: Entrepreneurs serve a different purpose compared to

Q19: Entrepreneurs are at the heart of the

Q20: Entrepreneurs create destruction.

Q21: Entrepreneurs should always<br>A)be the first mover<br>B)have a

Q22: The entrepreneur is always searching for<br>A)positive profit.<br>B)normal

Q23: The market process is dynamic.

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