In long-run perfect competition, no firm can earn a normal profit

Indicate whether the statement is true or false

F

Economics

You might also like to view...

Higher real GDP growth usually causes

A) a drop in net exports. B) a rise in net exports. C) a drop in the trade deficit. D) A and C.

Economics

Goods that are not excludable are usually

a. higher priced than excludable goods. b. higher priced than rival goods. c. in short supply. d. free of charge.

Economics