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A company is most likely to earn high economic profits if it is operating in an industry characterized by: A. low industry concentration, low barriers
A company is most likely to earn high economic profits if it is operating in an industry characterized by:
A. low industry concentration, low barriers to entry, and low industry capacity
B.high industry concentration, high barriers to entry, and low industry capacity
C.low industry concentration, high barriers to entry, and high industry capacity
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