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If Firms in a Competitive Market Are ________ Then There

Question 312

Multiple Choice

If firms in a competitive market are ________ then there is ________ for firms to ________ the industry.


A) incurring economic losses; an incentive; exit
B) incurring economic losses; no incentive; exit
C) making economic profits; no incentive; enter
D) making zero economic profit; an incentive; exit

Correct Answer:

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