Briefly explain whether a firm earning zero economic profit will continue to produce in the long run.

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Macroeconomics

ISBN: 9780135801741

8th Edition

Authors: Glenn Hubbard, Anthony Patrick O Brien

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Question Posted: Nov 03, 2023 06:30 AM

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Briefly explain whether a firm earning zero economic profit will continue to produce in the long run.

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A firm earning zero economic profit in the long run may continue to produce but its decision to do s...View the full answer

Macroeconomics

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