Firms in which of the following industries can earn an economic profit in the long run?
A) both monopolistic competition and monopoly
B) perfect competition
C) monopoly
D) monopolistic competition
E) monopolistic competition and perfect competition
C
Economics
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How can a firm have a negative valued added, as supposedly some state-owned businesses did in the former Soviet Union? What has to be true for value added to be negative?
What will be an ideal response?
Economics
According to academic research, securities prices reflect new information
A) within a few minutes. B) within a day. C) within a week. D) within a month.
Economics