Which of the following cases best illustrates the generation of rents/economic profits?
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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.
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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.
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