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Explain Why Zero Economic Profit Is Not Indicative of Failure

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Essay

Explain why zero economic profit is not indicative of failure.


Definitions:

Primary Consumers

Organisms that feed on primary producers; they are usually herbivores that eat plants and algae.

Green Plants

Photosynthetic, plant organisms that contain chlorophyll and produce oxygen as a byproduct of photosynthesis.

Herbivores

Animals that primarily eat plants or plant-based materials.

Cultural Eutrophication

Over-enrichment caused by human activities, leading to excessive bacterial growth and oxygen depletion of a body of water.

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