What Will Happen If A Shoe Firm Sells Its Shoes At A Price Lower Than The Opportunity Cost Of The Inputs Used In The Pro 1 (61.45 KiB) Viewed 27 times
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What will happen if a shoe firm sells its shoes at a price lower than the opportunity cost of the inputs used in the production process? The firm will possibly make an economic profit and an accounting loss. The firm will make both accounting and economic losses. The firm will make both accounting and economic profits. The firm will possibly make an accounting profit but will make an
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