Question: 1. How would the survival pattern shown in Figure 23-11 be altered if firms earned no less than zero economic profits every single year? 2.
1. How would the survival pattern shown in Figure 23-11 be altered if firms earned no less than zero economic profits every single year?
2. In what way would Figure 23-11 change if the U.S. government were to offer special lending programs to firms struggling to remain in business because of temporary economic losses? Explain your reasoning.
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