{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-20T19:07:04-04:00", "answer_date": "2024-06-20 19:07:04", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "3357545", "url": "\/study-help\/questions\/e-firms-in-perfectly-competitive-markets-can-earn-profits-in-3357545", "question_creation_date_js": "2024-06-20T19:07:04-04:00", "question_creation_date": "Jun 20, 2024 07:07 PM", "meta_title": "[Solved] (e) Firms in perfectly competitive market | SolutionInn", "meta_description": "Answer of - (e) Firms in perfectly competitive markets can earn profits in the long-run after firm entry. (5 points) (f) Consumers | SolutionInn", "meta_keywords": "firms,perfectly,competitive,markets,earn,profits,long-run,firm,entry,5,points,consumers", "question_title_h1": "(e) Firms in perfectly competitive markets can earn profits in the long-run after firm entry. (5 points) (f) Consumers optimizing their behavior will equalize the", "question_title": "(e) Firms in perfectly competitive markets can earn profits in the long-run", "question_title_for_js_snippet": "(e) Firms in perfectly competitive markets can earn profits in the long run after firm entry (5 points) (f) Consumers optimizing their behavior will equalize the marginal utility of goods they consume positive amounts of (5 points) (g) Indifference curves can slope up if changes in income have sufficiently strong impacts on their demand for some goods (5 points) (h) A tax will induce greater efficiency loss if there is a larger change in the quantity of goods consumed (5 points)", "question_description": "\"image
\"image<\/div><\/div><\/div><\/figure> (e) Firms in perfectly competitive markets can earn profits in the long-run after firm entry. (5 points) (f) Consumers optimizing their behavior will equalize the marginal utility of goods they consume positive amounts of. (5 points) (g) Indifference curves can slope up if changes in income have sufficiently strong impacts on their demand for some goods. (5 points) (h) A tax will induce greater efficiency loss if there is a larger change in the quantity of goods consumed. (5 points)", "transcribed_text": "", "related_book": { "title": "Principles Of Cost Accounting", "isbn": "978-0840037039, 0840037031", "edition": "15th Edition", "authors": "Edward J. Vanderbeck", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/81.jpg", "uri": "\/textbooks\/principles-of-cost-accounting-15th-edition-9780840037039", "see_more_uri": "" }, "free_related_book": { "isbn": "0521466938", "uri": "\/textbooks\/infinite-dimensional-lie-algebras-3rd-edition-978-0521466936-163407", "name": "Infinite Dimensional Lie Algebras", "edition": "3rd Edition" }, "question_posted": "2024-06-20 19:07:04", "see_more_questions_link": "\/study-help\/questions\/business-banking-2021-September-12", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/the-electric-field-of-an-em-wave-is-given-by", "description": "The electric field of an EM wave is given by Ez = Em sin (kywt+p\/6), Ex=0, and Ez = 0. (a) In what direction is this wave traveling? 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