A profit-maximizing competitive firm that is making positive profits in long-run equilibrium (may/may not) have a technology
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A profit-maximizing competitive firm that is making positive profits in long-run equilibrium (may/may not) have a technology with constant returns to scale.
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Related Book For
Intermediate Microeconomics A Modern Approach
ISBN: 9780393927023
7th Edition
Authors: Hal R. Varian
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