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A competitive firm in the short-run may earn ______.
Economics
Determination of Equilibrium Price and Output Under Perfect Competition
Question
Updated
19 Aug 2026
A competitive firm in the short-run may earn ______.
A
Choose Your Answer
A
normal profit (AR = AC)
B
super-normal profit (AR > AC)
C
incure losses (AR < AC)
D
all of these
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