Question
1.In long run every firm in perfectly competitive market will earn just normal profit, no excess profit and no loss. Discuss and explain with the
1.In long run every firm in perfectly competitive market will earn just normal profit, no excess profit and no loss. Discuss and explain with the help of graph.
(Discuss and explain with the help of graph for Long- run equilibrium. ( Refer chapter 6 page 143, 144, 145, and 150) Use graph also.) using textbook Survey of Economics
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Introduction to Behavioral Economics
Authors: David R. Just
1st edition
0470596228, 978-0470596227
