The entrepreneur is always searching for

A) positive profit.
B) normal profit.
C) accounting profit.
D) economic profit.

D

Economics

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Why do firms ignore external costs when they pollute?

What will be an ideal response?

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An expectation may fail to be rational if

A) relevant information was not available at the time the forecast is made. B) relevant information is available but ignored at the time the forecast is made. C) information changes after the forecast is made. D) information was available to insiders only.

Economics