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kaarnold98 kaarnold98
wrote...
Posts: 496
5 years ago
When a perfectly competitive firm is in long-run equilibrium, economic profits

• are positive.

• are negative.

• are zero.

• may be positive, zero or negative depending upon costs.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
Read 51 times
1 Reply

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Replies
wrote...
5 years ago
are zero.
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