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Any Positive Economic Profit or Positive Net Present Value Must

Question 111

Multiple Choice

Any positive economic profit or positive net present value must arise from


A) a perfectly competitive market situation.
B) cost-producing projects that allow the firm to increase costs above the current level such as economies of scale and access to distribution channels.
C) government contracts or preferences.
D) two of the above are correct.
E) none of the above statements are correct

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