Business, 20.12.2019 01:31 semajac11135

Long-run competitive equilibrium requires:
a. economic profits to be zero for all firms in the industry.
b. price to be zero for all firms in the industry.
c. average costs to be zero for all firms in the industry.
d. accounting profits to be zero for all firms in the industry.

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Long-run competitive equilibrium requires:
a. economic profits to be zero for all firms in t...

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