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Statement 1: a firm with an unusually good manager will always get unusually high accounting profit Statement 2: a manager who is unusually good is

Statement 1: "a firm with an unusually good manager will always get unusually high accounting profit"

Statement 2: "a manager who is unusually good is likely to make an unusually large amount when firms other than the one he/she works for discover the managers skill."

Are any of these statements true? which ones?

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