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Economic profits and lossesMultiple Choiceare both considered by economists to be a part of the total cost of producing products.are essential to the reallocation of

Economic profits and lossesMultiple Choiceare both considered by economists to be a part of the total cost of producing products.are essential to the reallocation of resources from less-desired goods to more-desired goods.have no influence on the composition of domestic output.equalize the distribution of income in the long run.

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