Explain why only normal or zero economic profits are possible in a perfectly contestable market.
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Explain why only normal or zero economic profits are possible in a perfectly contestable market.
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Answer In a perfectly contestable market only normal or zero economic profits are possible because o...View the full answer
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Hemaprasanth Naidu
I am fresh out of school, graduated in 2019 .In few months I will be stale ,when I will promoted to the next level and some other students ,i.e. Juniors will confiscate my current position .I pursed my B.tech in Raghu engineering college (Electronics and communication ) ,and completed my M.tech in Avanthii Engineering college (VLSI DESIGN). Don't underestimate the importance of marks.Don't say grades don't matter in the long run ,unless you gave made enough of it on your score board.Good education and good ethics have no correlation at all. A man holding a master degree can be antisocial to the society.With the education also comes along the through of the feeling bad through of the feeling bad about one self .Education is learning but learning is not an education.
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