At the profit maximizing level of output in a competitive industry,the firm is:
A)making economic profit.
B)losing money on each unit sold.
C)making zero accounting profit.
D)making abnormal profits

Question

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The Answer of At the profit maximizing level of output in a competitive industry,the firm is:
A)making economic profit.
B)losing money on each unit sold.
C)making zero accounting profit.
D)making abnormal profits

At the Profit Maximizing Level of Output in a Competitive