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Title: Which of the following statements about a perfectly competitive firm in long-run equilibrium is correct? Post by: tmason on Oct 3, 2022 Which of the following statements about a perfectly competitive firm in long-run equilibrium is correct?
▸ The firm is earning positive economic profits. ▸ The firm has successfully differentiated its product. ▸ The firm has no ability to affect its product's price. ▸ The firm has a strong profit incentive to expand capacity. ▸ The firm has successfully established barriers to entry. Title: Which of the following statements about a perfectly competitive firm in long-run equilibrium is correct? Post by: taylor.eihausen on Oct 3, 2022 Content hidden
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