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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 23
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 23 Select one: a. You could not earn more profit in another industry. b. You should decrease your production until you earn more profit. c. You are operating at a short-run equilibrium. d. You should exit the industry immediately because you could be earning more in another industry
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