What must an entrepreneur do to earn a prot? How do the actions of rms earning prots

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What must an entrepreneur do to earn a prot? How do the actions of rms earning prots inuence the value of resources?

What happens to the value of resources when losses are present?

If a rm making losses goes out of business, is this bad?

Why or why not?

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Microeconomics Private And Public Choice

ISBN: 9781305506893

16th Edition

Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

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