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​Exhibit -Refer to Exhibit. Competitive Firms Will Earn Positive Economic Profits

Question 24

Multiple Choice

​Exhibit
​Exhibit -Refer to Exhibit. Competitive firms will earn positive economic profits in the short run when the market price A) is less than $2 B) is greater than $1. C) is equal to $2. D) is greater than $2.
-Refer to Exhibit. Competitive firms will earn positive economic profits in the short run when the market price


A) is less than $2
B) is greater than $1.
C) is equal to $2.
D) is greater than $2.

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