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