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Author Question: Which of the following statements about a perfectly competitive firm in long-run equilibrium is correct? (Read 70 times)

elarge

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on: Oct 12, 2022
Which of the following statements about a perfectly competitive firm in long-run equilibrium is correct?
◦ The firm is earning positive economic profits.
◦ The firm has successfully differentiated its product.
◦ The firm has no ability to affect its product's price.
◦ The firm has a strong profit incentive to expand capacity.
◦ The firm has successfully established barriers to entry.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by elarge on Oct 12, 2022

my33251

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Reply #1 on: Oct 12, 2022
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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elarge

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

mjenn52

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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