Which of the following would tell us that resources are not flowing to their highest valued uses?
A) Short-run economic profits
B) Short-run economic losses
C) Long-run economic profits
D) Some firms are just breaking even.
Correct Answer:
Verified
Q345: Q346: A true signal must Q346: Suppose a perfectly competitive industry is in Q347: Profits and losses are true signals because Q349: If the long-run supply curve slopes upward, Q351: If the long-run supply curve slopes downward, Q355: Suppose a perfectly competitive industry is in Q355: Along an industry's long-run supply curve, Q356: If the long-run supply curve is upward Q359: 
A) convey information only.
B)
A) economic
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