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In the Long Run,a Competitive Firm That Experiences Decreasing Returns

question 69

True/False

In the long run,a competitive firm that experiences decreasing returns must earn negative profits after all factor shares are paid out.


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A number made up of a whole number and a fraction, such as 3 1/2.

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Clearly specified or explained, leaving no ambiguity.

Initial State

The condition or position of a system, process, or situation at its start before any changes have occurred.

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Efforts or actions aimed at enhancing the quality and satisfaction of a marital relationship.

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