Which of the following cases BEST illustrates the generation of rents/economic
profits?
A firm has higher returns than an established, less risky competitor
A firm's revenues exceed its costs
A firm has higher returns than an investment of similar risk
A firm has the greatest market share in its industry
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I think the ans can be ' A firm has higher returns than an investment of similar risk
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Answer:
A firm has higher returns than an investment of similar risk
Explanation:
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