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Business, 07.03.2020 04:15 stephanieb75

Economic profits and losses:.
a. have no influence on the composition of domestic output.
b. are both considered by economists to be a part of production costs.
c. are essential to the reallocation of resources from less desired to more desired goods.
d. equalize the distribution of income in the long run.

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Economic profits and losses:.
a. have no influence on the composition of domestic output.
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