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Loraine Loraine
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9 years ago
When a market has barriers to entry,
A) then in the long run it is possible for the firms to incur economic losses.
B) then in the long run the only possible outcome for the firms is zero economic profit.
C) then in the long run it might be possible for the firms to make economic profits.
D) oligopolies cannot be created.
E) the HHI almost always falls below 1,000.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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VincenzoDVincenzoD
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9 years ago
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Loraine Author
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9 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
jmendoza
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Yesterday
You make an excellent tutor!
kriggs62
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2 hours ago
This calls for a celebration Person Raising Both Hands in Celebration
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