The entry and exit of firms in the market shall continue A. until the highest cost producer
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Question:
The entry and exit of firms in the market shall continue
- A. until the highest cost producer makes zero short run economic profits
- B. until the highest cost producer makes zero long run economic profits
- C. until the lowest cost producer makes zero long run economic profits
- D. until the lowers cost producer makes zero short run economic profits
Related Book For
Essentials of Accounting for Governmental and Not-for-Profit Organizations
ISBN: 978-0073527055
10th Edition
Authors: Paul A. Copley
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