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MMLU / The owner of a competitive firm making zero economic profit

Problem

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question

The owner of a competitive firm making zero economic profit

choices

  1. should consider shutting down because she could make more elsewhere
  2. is making less than normal profits
  3. is making exactly what she would make in her next best alternative job
  4. will most likely make more profits in the long run

subject

high_school_microeconomics

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Source and history

Official source

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