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Home Q & A Board Other Fields Homework Help Business Economics
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Biraj Biraj
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4 years ago
The price-taking competitive equilibrium of a large number of identical firms implies that

▸ the net revenue of each firm is zero.

▸ no firm can earn more from its assets by investing them elsewhere.

▸ no firm earns supernormal profits in the long run.

▸ B and C
Textbook 
Essential Economics for Business

Essential Economics for Business


Edition: 5th
Authors:
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Kutthroat K.Kutthroat K.
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4 years ago
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Biraj Author
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4 years ago
This helped my grade so much Perfect
carston
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Yesterday
Thanks
Cdfields
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2 hours ago
Good timing, thanks!
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