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Home Q & A Board Other Fields Homework Help Business Economics
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insherro insherro
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7 years ago
When a perfectly competitive market is in long-run equilibrium, price is equal to marginal cost, the individual firm is operating at the minimum of its short-run and long-run average cost curves, and economic profit equals zero.
Is this statement true or false, please advise
Textbook 
Economics for Managers

Economics for Managers


Edition: 3rd
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University of Ottawa - Economics for Managers
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toogootoogoo
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7 years ago
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insherro Author
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7 years ago
Helped a lot
taydav
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Yesterday
This helped my grade so much Perfect
bkrandy
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2 hours ago
Correct Slight Smile TY
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