Economic profit is an indication that consumers are willing to pay more for a good or service being offered. Economic profit is an indication that consumers are willing to pay more for a good or service being offered.FalseTrue

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Economic profit is an indication that consumers are willing to pay more for a good or service being offered.

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter2: Economic Systems And The American Economy

Section2.2: Characteristics Of The American Economy

Problem 5R

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