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In the Short Run, Perfectly Competitive Firms ________ but in the Long

Question 321

Multiple Choice

In the short run, perfectly competitive firms ________ but in the long run, perfectly competitive firms ________.


A) can incur an economic loss; incur an economic loss
B) can incur economic losses; make an economic profit
C) must make an economic profit; make an economic profit
D) can incur an economic loss; make zero economic profit

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