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Graph 14-8 -Refer to Graph 14-8. When the Market Is in Long-Run

Question 140

Multiple Choice

Graph 14-8
Graph 14-8 -Refer to Graph 14-8. When the market is in long-run equilibrium at point A in panel (b) , the firm represented in panel (a) will: A) exit the market B) be at zero-profit equilibrium C) earn negative accounting profit D) do all of the above
-Refer to Graph 14-8. When the market is in long-run equilibrium at point A in panel (b) , the firm represented in panel (a) will:


A) exit the market
B) be at zero-profit equilibrium
C) earn negative accounting profit
D) do all of the above

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