In the long-run equilibrium in a perfectly competitive market,
A) the firms make an economic profit.
B) the firms' owners make a normal profit.
C) the average total cost is maximized.
D) marginal cost is at a minimum.
B
Economics
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If a firm in Thailand borrows dollars from a U.S. bank, its interest payments on the loan in bahts will decrease if the baht appreciates against the dollar
Indicate whether the statement is true or false
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In 2009, the gap between foreign assets in the United States and U.S. assets abroad was
A. $3 trillion. B. $2.5 trillion. C. $4 trillion. D. $6.5 trillion.
Economics