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Home Q & A Board Other Fields Homework Help Business Economics
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stars_and_moon stars_and_moon
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Posts: 3218
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8 years ago
If the firms in an industry in pure competition are earning positive profits, in the long run the price will ________ until profits are ________.
A) fall; zero
B) fall; negative
C) increase; positive
D) increase; zero
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kingbykingby
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#1
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7 years ago
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#2
7 years ago
I compared your answer with a buddy, and it matches

Thanks
wrote...
#3
7 years ago
I was slightly debating this one, thanks for the feedback
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