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Other Fields Homework Help Economics Topic started by: AndrewKraus on May 23, 2017



Title: Which of the following is true?
Post by: AndrewKraus on May 23, 2017
Which of the following is true?
A) Firms in all the four market structures earn zero economic profits in the long run.
B) Firms in a perfectly competitive markets earn zero economic profits in the long run.
C) Firms in monopolistically competitive markets earn zero economic profits in the long run.
D) Firms in oligopoly markets earn equal profits in the long run.


Title: Re: Which of the following is true?
Post by: Sudzbury on May 23, 2017
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Title: Re: Which of the following is true?
Post by: AndrewKraus on Jun 24, 2017
This helps with my assignment big time