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Title: When a profit-maximizing firm in a competitive market has zero economic profit, accounting profit

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Q:

When a profit-maximizing firm in a competitive market has zero economic profit, accounting profit

           a.   is negative (accounting losses).

           b.   is positive.

           c.    is also zero.

           d.   could be positive, negative or zero.


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Title: When a profit-maximizing firm in a competitive market has zero economic profit, accounting profit

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    • Posted Date: Apr 27, 2012 at 9:13:30 PM

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A:
...sp;        a.   is negative (accounting losses).    &n...
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