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PaulKet PaulKet
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6 years ago
Markets with hit-and-run entry and exit experience
A) barriers to entry.
B) firms entering whenever they can make a profit and exiting when they cannot make a profit.
C) steady long-run economic profit.
D) a very steady number of firms.
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
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The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.
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RumkoRumko
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#1
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6 years ago
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