There no tendency for firms to either enter or leave the market ______.
a. at positive economic profits
b. at zero economic profits
c. at growing economic profits
d. at economic losses
b. at zero economic profits
Economics
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Pollution problems are usually cases of good versus evil
Indicate whether the statement is true or false
Economics
A monopolist would probably earn fewer profits if
A) the importance of specialized capital equipment in its production techniques increased. B) the time length of patents increased. C) environmental regulations increased that required the purchase of special capital equipment. D) tariffs on competing products were lowered.
Economics