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Guest Guest
wrote...
5 years ago
A firm cannot control all of the factors that allow it to make economic profits. Which of the following is an example of an uncontrollable factor?

• product differentiation

• input prices

• producing at a lower average total cost than competing firms

• hiring competent managers
Textbook 
Microeconomics

Microeconomics


Edition: 7th
Authors:
Read 40 times
2 Replies

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Replies
wrote...
5 years ago
input prices
Guest Author
wrote...
5 years ago
Brilliant
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