8 Entry by new firms drives a. profits to their maximum. b. normal profits to

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8 Entry by new firms drives ■

a. profits to their maximum.

b. normal profits to zero.

c. profits to their minimum.

d. economic profits to their maximum.

e. economic profits to zero.

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Fundamentals Of Economics

ISBN: 9780618992676

4th Edition

Authors: William Boyes , Michael Melvin

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