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QUESTION 17 If Ajax a manufacturing firm is earning zero economic profits A the revenues for Ajax are sufficient to pay explicit costs but
QUESTION 17 If Ajax a manufacturing firm is earning zero economic profits A the revenues for Ajax are sufficient to pay explicit costs but not implicit costs B. the owner of Ajax are earning enough to pay their explicit costs only C. the owner of Ajax will not be able to pay himself OD Ajax will shut down in the long run, but will continue to operate in the short run
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Economics Today
Authors: Roger LeRoy Miller
16th edition
132554615, 978-0132554619
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