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A purely competitive firm: Group of answer choices will never earn an economic profit in the short run. will not exist in the long run.
A purely competitive firm: Group of answer choices will never earn an economic profit in the short run. will not exist in the long run. must earn an economic profit in the short run. will earn a normal profit in the long run
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Economics for Managers
Authors: Paul G. Farnham
3rd edition
132773708, 978-0133561128, 133561127, 978-0132773706
