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Author Question: The following diagram shows a firm operating under perfect competition.Its profit-maximising output ... (Read 74 times)

Collmarie

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on: May 25, 2020

Question 1

If a firm is only making normal profit it should leave the industry.
◦ true
◦ false

Question 2

The following diagram shows a firm operating under perfect competition.



Its profit-maximising output is 350 units.
◦ true
◦ false
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by Collmarie on May 25, 2020

cloudre37

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Collmarie

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Reply 2 on: May 25, 2020
YES! Correct, THANKS for helping me on my review

ecabral0

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Reply 3 on: Yesterday
Excellent

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