Top Posters
Since Sunday
w
5
s
4
v
4
a
4
d
3
N
3
d
3
j
3
p
3
r
3
y
3
f
3
New Topic  
Costa Costa
wrote...
Posts: 1009
Rep: 0 0
6 years ago
If purely competitive firms are earning positive economic profits, in the long run:
A) new firms will enter the industry, thus causing profits to fall
B) new firms will enter the industry, thus causing profits to rise
C) the industry will resemble an oligopoly
D) the industry will become a monopolistic environment
Textbook 
Microeconomics

Microeconomics


Edition: 2nd
Author:
Read 86 times
1 Reply
Replies
Answer verified by a subject expert
JavaewJavaew
wrote...
Posts: 409
Rep: 0 0
6 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

Costa Author
wrote...

6 years ago
This helped my grade so much Perfect
wrote...

Yesterday
Thanks for your help!!
wrote...

2 hours ago
Helped a lot
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  849 People Browsing
Related Images
  
 15198
  
 905
  
 315