Business

Nico Mckay

15 April, 08:52

When economic profits in an industry are zero: a. it means that firms are doing as well as they could do in other markets. b. the industry is not in long-run equilibrium. c. firms should exit, so they can make an economic profit in some other market. d. firms are really doing badly. e. the price will tend to decrease as more firms enter the market.

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