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Consider the four market structures: (1). Perfect competition (2). Monopolistic competition (3). Oligopoly (4). Monopoly In which market structure(s) will there be zero economic profits
Consider the four market structures:
(1). Perfect competition
(2). Monopolistic competition
(3). Oligopoly
(4). Monopoly
In which market structure(s) will there be zero economic profits in the long run?
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