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CroweN6459 CroweN6459
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5 years ago
Long-run equilibrium is characterized by zero profits in

• market structures in which there are barriers to entry.

• both perfect competition and monopolistic competition.

• monopolistic competition only.

• perfect competition only.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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Kutthroat K.Kutthroat K.
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CroweN6459 Author
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5 years ago
Thank you, thank you, thank you!
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