Firms in competitive market in the long run : Firms have positive economic profit Firm operate at efficient scale market supply curve is a horizontal line Which statement is true and false. Explain
Firms in competitive market in the long run : Firms have positive economic profit Firm operate at efficient scale market supply curve is a horizontal line Which statement is true and false. Explain
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Firms in competitive market in the long run :
Firms have positive economic profit
Firm operate at
market supply curve is a horizontal line
Which statement is true and false. Explain
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