In the long run, a perfectly competitive firm will earn a negative market return. a positive profit. a loss. a normal profit. O excess profit.
In the long run, a perfectly competitive firm will earn a negative market return. a positive profit. a loss. a normal profit. O excess profit.
Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter8: Perefect Competition
Section: Chapter Questions
Problem 10SQP
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Transcribed Image Text:In the long run, a perfectly competitive firm will earn
a negative market return.
a positive profit.
a loss.
a normal profit.
O excess profit.
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