If in the Long Run a Firm Makes Zero Profit

question 130

True/False

If in the long run a firm makes zero profit, it should exit the industry.

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Definitions:

Cognitive Changes

Alterations in mental functions such as memory, attention, and the ability to learn.

Slower Reaction Time

A delayed response to stimuli, often associated with aging, certain medical conditions, or impairment due to substances.

Chronic Obstructive Lung Disease

A progressive lung disease that obstructs airflow and makes it difficult to breathe.

Cerebrovascular Accidents

Another term for a stroke, an event characterized by the sudden death of brain cells due to lack of oxygen, caused by blockage or rupture of an artery to the brain.