As in perfect and monopolistic competition, oligopoly firms cannot earn economic profits in the long run.
a. True
b. False
Indicate whether the statement is true or false
Question 2
Inclusive property rights provide an investor:
a. more options and greater incentives to avoid inefficient choices.
b. an insight to future earnings and revenue generation.
c. a definite return on the investment.
d. cost effective techniques of production leading to economies of scale.
