In the long run, a year-long drought that destroys most of the summer's wheat crops causes permanently:

Generally, microeconomics

A) has little to say about the entrepreneur B) says a good bit about the entrepreneur. C) equates the entrepreneur and the manager. D) equates management and shareholders.

A markup of price over marginal cost is inconsistent with free entry and zero profit

a. True b. False Indicate whether the statement is true or false