If Economic Profits in an Industry Are Zero and Implicit

question 182

Multiple Choice

If economic profits in an industry are zero and implicit costs are greater than zero, then

• A)resources will move out of the industry.
• B)there will be no production in the short run.
• C)accounting profits are greater than zero.
• D)new firms will enter the industry.

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Definitions:

Anxiety Disorders

A category of mental health disorders characterized by excessive fear, worry, or anxiety, impacting daily functioning.

Recurring

Happening repeatedly or periodically, often with a predictable pattern.

Behavior Control

Behavior Control refers to the methods and strategies used to influence or manage an individual's behavior, often through reinforcement, punishment, or environmental modifications.

Emotion Control

The process of managing and regulating one's emotions to adapt to circumstances and achieve more effective responses.