When economic profits equal zero: a. the firm should shut down b. the firm must increase profits
Question:
When economic profits equal zero:
a. the firm should shut down
b. the firm must increase profits
c. the resources employed by the firm are underpaid
d. resources are earning exactly what they are worth
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When economic profits equal zero it means that the resources employed by the firm are earning exactly what they are worth This is because economic pro...View the full answer
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Related Book For 
Principles Of Agricultural Economics
ISBN: 9780415540704
1st Edition
Authors: Andrew Barkley, Paul W. Barkley
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