Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

40. Which of the following economic forces promote profitability in the long run? A. Existence of strong barriers to entry B. A large number of

image text in transcribed
image text in transcribed
40. Which of the following economic forces promote profitability in the long run? A. Existence of strong barriers to entry B. A large number of complementary products. C. A large number of close substitute products. D. Both a and b

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essentials of Econometrics

Authors: Damodar Gujarati, Dawn Porter

4th edition

73375845, 978-0071276078, 71276076, 978-0073375847

More Books

Students also viewed these Economics questions

Question

Speak clearly and distinctly with moderate energy

Answered: 1 week ago

Question

Get married, do not wait for me

Answered: 1 week ago