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    Question

    If the firms under perfect competition have different

    costs, abnormal profits can be earned in the long run only by
    A marginal firms Correct Answer Incorrect Answer
    B intra-marginal firms Correct Answer Incorrect Answer
    C All of the firms Correct Answer Incorrect Answer
    D None of these Correct Answer Incorrect Answer

    Solution

    If the firms under perfect competition have different costs, abnormal profits can be earned in the long run only by intra-marginal firms

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