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You calculate your economic profits to be zero at a profit-maximizing output. Which of the following is the best conclusion given this information? Question 1
You calculate your economic profits to be zero at a profit-maximizing output. Which of the following is the best conclusion given this information? Question 1 Select one: a. You could not earn more profit in another industry. b. You should exit the industry immediately because you could be earning more in another industry. c. You should decrease your production until you earn more profit. d. You are operating at a short-run equilibrium
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