A. all firms must make economic profits.
B. there are no fixed factors of production
C. a firm can vary all inputs, but it cannot change the mix of inputs it uses.
D. a firm can shut down, but it cannot exit the industry
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[junkie-toggle title="Economics Mcqs" state="closed"] - Profit Maximizing Under Perfect Competition And Monopoly
- Profit Maximizing Under Perfect Competition And Monopoly
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