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-Firms in Which of the Following Industries Can Incur an Economic

Question 3

Multiple Choice

-Firms in which of the following industries can incur an economic loss in the short run? A) Any firm can incur an economic loss profit in the short run. B) only perfect competition and monopolistic competition C) only monopolistic competition D) only perfect competition
-Firms in which of the following industries can incur an economic loss in the short run?


A) Any firm can incur an economic loss profit in the short run.
B) only perfect competition and monopolistic competition
C) only monopolistic competition
D) only perfect competition

Correct Answer:

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