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      Question

      If the firms under perfect competition have different

      costs, abnormal profits can be earned in the long run only by
      A marginal firms Correct Answer Incorrect Answer
      B intra-marginal firms Correct Answer Incorrect Answer
      C All of the firms Correct Answer Incorrect Answer
      D None of these Correct Answer Incorrect Answer

      Solution

      If the firms under perfect competition have different costs, abnormal profits can be earned in the long run only by intra-marginal firms

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