The Authors Explain That a Firm Earning a Zero Economic

question 12

Multiple Choice

The authors explain that a firm earning a zero economic profit in the long run has earned a competitive return on their investment. What do they mean by "competitive" return in this context?

• A) The firm's return could only be earned under perfect competition and would be smaller under imperfect competition.
• B) The firm's return is at least as larger as the returns earned by other firms.
• C) The firm's return is at least as larger as could be earned in another investment.
• D) The firm's return is negative, which initiates stronger competition among firms in the market.

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Wider Pool

A larger selection or variety of options or candidates.

Mobile Device

A portable computing device such as a smartphone or tablet, designed for easy transportation and use on the move.

Unrelated Tasks

Activities or duties that do not have a direct connection or relevance to the current primary objectives.

Task Assignments

The distribution of specific duties or responsibilities to individuals or groups as part of a project or workflow.