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When economic profits in an industry are zero and implicit costs are greater

When economic profits in an industry are zero and implicit costs are greater than zero:

A.  Resources will move outof the industry.

B.  There will be noproduction in the short run.

C.  Accounting profits willbe greater than zero.

D.  Resources may remain inthe industry, but they will be unproductive.

Apr 20 2018 View more View Less

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