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Title: The price-taking competitive equilibrium of a large number of identical firms implies that
Post by: Biraj on May 19, 2020
The price-taking competitive equilibrium of a large number of identical firms implies that

▸ the net revenue of each firm is zero.

▸ no firm can earn more from its assets by investing them elsewhere.

▸ no firm earns supernormal profits in the long run.

▸ B and C


Title: The price-taking competitive equilibrium of a large number of identical firms implies that
Post by: Kutthroat Kane on May 19, 2020
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