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