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Home Q & A Board Other Fields Homework Help Business Economics
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Tidy Tidy
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8 years ago
In long-run perfectly competitive equilibrium, which of the following is false?
A) There is efficient, low-cost production at the minimum efficient scale.
B) Economic surplus is maximized.
C) Firms earn economic profit.
D) Economies of scale are exhausted.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 134 times
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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VincenzoDVincenzoD
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#1
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8 years ago
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Tidy Author
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8 years ago
Good timing, thanks!
derya1234
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sweetalia
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