To an economist, all choices have costs
Indicate whether the statement is true or false
True
Economics
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When Sidney's Sweaters, Inc makes exactly zero economic profit, Sidney, the owner
A) is taking a loss. B) will shut down in the short run. C) makes an income equal to his best alternative forgone income. D) will boost output.
Economics
List five types of barriers to entry
What will be an ideal response?
Economics