profit that occurs when total revenue is greater than total opportunity costs profit that occurs when total
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profit that occurs when total revenue is greater than total opportunity costs profit that occurs when total revenue equals total opportunity costs Match each term with its correct definition by placing the appropriate letter next to the corresponding number.
A. average total costs (ATC) G. zero economic profit B. marginal costs (MC) H. positive economic C. short run profit D. long run I. negative economic E. law of diminishing profit marginal returns J. normal profit F. economic profit K. fixed costs L. variable costs
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