Graph 14-9

question 192

Multiple Choice

Graph 14-9
-Refer to Graph 14-9.When the market is in long-run equilibrium at point A in panel (b) , the firm represented in panel (a) will:

• A)exit the market
• B)be at zero-profit equilibrium
• C)earn negative accounting profit
• D)do all of the above

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Definitions:

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