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Consider the scenario of Farmer Nathan planting a perfectly competitive crop and earning an economic profit this year. In a well-reasoned response of at least

Consider the scenario of Farmer Nathan planting a perfectly competitive crop and earning an economic profit this year. In a well-reasoned response of at least 150 words, critically assess whether you believe Nathan will continue to earn economic profits in the future. Utilize economic principles and concepts discussed in the course to support your argument.

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