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apadong apadong
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Posts: 856
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7 years ago
A software company writes a better operating system for personal computers and earns very large profits on this operating system. Which of the following is TRUE?
A) The profits this firm earns arenʹt deserved, as the firm did not take any risks.
B) The firm must be a monopoly.
C) This firm must not be in a competitive market if it was able to earn a profit.
D) The profits this firm earns are a return for an innovation.
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goldlilysgoldlilys
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7 years ago
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apadong Author
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7 years ago
Helped a lot
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Just got PERFECT on my quiz
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2 hours ago
Good timing, thanks!
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