Question
Can a perfectly competitive firm make positive profits in the short run? What are the necessary conditions? What are the implications for the number of
Can a perfectly competitive firm make positive profits in the short run? What are the necessary conditions? What are the implications for the number of firms in the market in the long run?
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International Economics
Authors: Thomas A. Pugel
15th edition
73523178, 978-0077769529, 007776952X, 978-0073523170
