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A firm that is earning positive profits in the short run has an incentive to ________ its scale of operation in the long run. A.
A firm that is earning positive profits in the short run has an incentive to ________ its scale of operation in the long run.
A. expand
B. contract
C. not change
D. encourage another firm to expand
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Managerial Economics And Financial Analysis
Authors: M.S. Bhat, A.V. Rau
1st Edition
9352300211, 978-9352300211
