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Home Q & A Board Other Fields Homework Help Business Economics
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insherro insherro
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7 years ago
When a perfectly competitive market is in long-run equilibrium, price is equal to marginal cost, the individual firm is operating at the minimum of its short-run and long-run average cost curves, and economic profit equals zero.
Is this statement true or false, please advise
Textbook 
Economics for Managers

Economics for Managers


Edition: 3rd
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University of Ottawa - Economics for Managers
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toogootoogoo
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7 years ago
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insherro Author
wrote...

7 years ago
Good timing, thanks!
Goku935
wrote...

Yesterday
Thanks for your help!!
Katey_maree
wrote...

2 hours ago
Thank you, thank you, thank you!
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