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When a profit-maximizing firm is earning profits,those profits can be identified by
Social Site
A website or platform where people can share their personal lives, opinions, or participate in networking activities.
Scarce Factor Of Production
An input required for the production process that is in limited supply, potentially constraining output.
Monopoly
A market framework in which there is only one seller offering a distinctive product to the market.
Marginal Revenue
The extra revenue earned by selling an additional unit of a product or service.
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