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Question 19

a firm will shut down in the long run if its earning is

  • A.less than normal profit
  • B.greater than normal profit
  • C.equal to super normal profit
  • D.less than super normal profit
Objective

Question details

Exam body
WAEC
Subject
Economics
Year
2011
Question no.
#19
Type
Objective
Previous · Q18the resource used in production are called Next · Q20 a market structure where profit is maximized when marginal revenue, marginal…

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