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chomtong chomtong
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Posts: 589
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7 years ago
A firm is earning an economic profit. In the short run the firm should ________. In the long run the firm should probably ________.
A) shut down; exit the industry
B) produce where MC = MR; leave the industry
C) produce where MC = MR; expand
D) shut down; expand
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goldlilysgoldlilys
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7 years ago
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