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Exhibit 10-7 in the Long Run, the Firm in Exhibit

Question 51

Multiple Choice

Exhibit 10-7 Exhibit 10-7 In the long run, the firm in Exhibit 10-7 can expect A) to earn an economic profit of $760 B) earn an economic profit of $950 C) earn zero economic profit D) earn an economic profit of $990 E) suffer a loss of $1, 000 In the long run, the firm in Exhibit 10-7 can expect

A) to earn an economic profit of $760
B) earn an economic profit of $950
C) earn zero economic profit
D) earn an economic profit of $990
E) suffer a loss of $1, 000

Correct Answer: