4. A firm should continue to produce in the long run if its a. total revenue is...

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4. A firm should continue to produce in the long run if its

a. total revenue is less than its total costs.

b. total revenue is greater than its total explicit costs.

c. accounting profit is greater than its economic profit.

d. accounting profit is not negative.

e. economic profit is at least zero.

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Krugmans Economics For AP

ISBN: 9781464122187

2nd Edition

Authors: Margaret Ray, David Anderson

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