This topic contains a solution. Click here to go to the answer
|
Author Question: A firm will only earn normal profit in the long run a. if firms can freely enter or leave the ... (Read 36 times) |
Did you know?
Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.
Did you know?
There are more bacteria in your mouth than there are people in the world.
Did you know?
Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.
Did you know?
Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.
Did you know?
Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.