In which market structures do firms receive just a normal profit in the long run? a.
Question:
In which market structures do firms receive just a normal profit in the long run?
■
a. monopoly and perfect competition ■
b. monopolistic competition and perfect competition ■
c. monopoly and monopolistic competition ■
d. monopoly and oligopoly ■
e. monopolistic competition and oligopoly
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: