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    Foundations of Macroeconomics
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    Exam 15: Perfect Competition
  5. Question
    In the Long Run,a Perfectly Competitive Firm
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In the Long Run,a Perfectly Competitive Firm

Question 250

Question 250

Multiple Choice

In the long run,a perfectly competitive firm


A) can make either an economic profit or a normal profit.
B) incurs an economic loss.
C) makes zero economic profit.
D) can make an economic profit, zero economic profit, or incur an economic loss.
E) makes an economic profit.

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