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prepare a 2-3 page paper using APA formatting discussing the following problems. (1) What must an entrepreneur do to earn a profit? (2) How do the actions of firms earning profits influence the value of resources? (3) What happens to the value of resources when losses are present? (4) If a firm making losses goes out of business, is this bad? Why or why not?

Microeconomics, Economics

  • Category:- Microeconomics
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