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Mairoon Mairoon
wrote...
Posts: 850
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6 years ago
In the long run, competitive firms MUST be profit maximizers because if they do not maximize profits
A) they will not survive.
B) they will not be price takers.
C) they will attract entry.
D) the profits that they do earn will only cover variable costs.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 42 times
2 Replies

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wrote...
6 years ago
A
Mairoon Author
wrote...
6 years ago
Thanks. This is just start. Wink Face
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