In the long run, firms in markets that are ________ earn zero economic profits
A) perfectly competitive
B) monopolistically competitive
C) monopolies
D) Both A and B
D
Economics
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Government's use of eminent domain is a solution to
A) the problem of negative externalities. B) potential monopolization of a market. C) the holdout problem. D) the free-rider problem.
Economics
Are tariffs and quotas equivalent in their economic effects? Demonstrate
What will be an ideal response?
Economics