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Social Science Clinic => Economics => Microeconomics => Topic started by: bobbie on May 24, 2019

Title: If perfectly competitive firms are maximizing their profit and are making an economic profit, the ...
Post by: bobbie on May 24, 2019

If perfectly competitive firms are maximizing their profit and are making an economic profit, the market ________ in a short-run equilibrium and ________ in a long-run equilibrium.
◦ is; is
◦ is; is not
◦ is not; is
◦ is not; is not
◦ is; might be

Title: If perfectly competitive firms are maximizing their profit and are making an economic profit, the ...
Post by: lkoler on May 24, 2019

is; is not

Title: If perfectly competitive firms are maximizing their profit and are making an economic profit, the ...
Post by: bobbie on May 24, 2019

TY

Title: If perfectly competitive firms are maximizing their profit and are making an economic profit, the ...
Post by: lkoler on May 24, 2019

You're welcome