Biology Forums - Study Force

Other Fields Homework Help Economics Topic started by: Tidy on Jun 21, 2015



Title: In long-run perfectly competitive equilibrium, which of the following is false?
Post by: Tidy on Jun 21, 2015
In long-run perfectly competitive equilibrium, which of the following is false?
A) There is efficient, low-cost production at the minimum efficient scale.
B) Economic surplus is maximized.
C) Firms earn economic profit.
D) Economies of scale are exhausted.


Title: Re: In long-run perfectly competitive equilibrium, which of the following is false?
Post by: VincenzoD on Jul 25, 2015
Content hidden