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The perfectly competitive firm depicted is currently: A ) earning positive economic profit. B ) incurring a loss, but the loss is smaller than it
The perfectly competitive firm depicted is currently: A earning positive economic profit. B incurring a loss, but the loss is smaller than it would be if the firm shut down. C earning zero economic profit. D incurring a loss that is larger than total fixed cost, and so the firm should shut down
The perfectly competitive firm depicted is currently:
A earning positive economic profit.
B incurring a loss, but the loss is smaller than it would be if the firm shut down.
C earning zero economic profit.
D incurring a loss that is larger than total fixed cost, and so the firm should shut down
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