Top Posters
Since Sunday
14
o
6
6
G
3
c
3
q
3
m
3
j
3
s
2
b
2
j
2
u
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
hiusy98 hiusy98
wrote...
Go to Answer
Posts: 1526
Rep: 1 0
7 years ago
Assume the market price is greater than average total cost at the perfectly competitive firm's profit-maximizing level of output. In this case, the firm is earning positive economic profits, which act as an incentive for new firms to enter the market.
Is this statement true or false, please advise
Textbook 
Economics for Managers

Economics for Managers


Edition: 3rd
Author:
Read 113 times
2 Replies
Replies
Answer verified by a subject expert
andyborziandyborzi
wrote...
#1
Posts: 449
Rep: 13 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

hiusy98 Author
wrote...
#2
7 years ago
I owe you my life lol
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1087 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 156
  
 1569
  
 941
Your Opinion
Previous poll results: What's your favorite funny biology word?