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Home > Education > Education Administration   »   Under what circumstances might a competitive business think it worthwhile to continue

 
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Old May 23, 2008, 05:21 AM
chirag42patel
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Under what circumstances might a competitive business think it worthwhile to continue

Under what circumstances might a competitive business think it worthwhile to continue production:
(a) In the short run
(b) In the long run
How can a business owner who earns $10 million per year claim to earn zero economic profit?

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