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Other Fields Homework Help Economics Topic started by: avinash0312 on Mar 3, 2019



Title: For a perfectly competitive firm at its long-run equilibrium
Post by: avinash0312 on Mar 3, 2019
For a perfectly competitive firm at its long-run equilibrium

• P = MR > MC.

• accounting profit must be zero.

• P = MR = MC = AC.

• there are no opportunity costs to be concerned with.


Title: For a perfectly competitive firm at its long-run equilibrium
Post by: shamanie on Mar 3, 2019
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Title: For a perfectly competitive firm at its long-run equilibrium
Post by: avinash0312 on Mar 3, 2019
Exactly what I needed for my project, TYSM