Question
Small Mom and Pop firms, like inner city grocery stores, sometimes exist even though they do not earn economic profits. How can you explain this?
Small "Mom and Pop firms," like inner city grocery stores, sometimes exist even though they do not earn economic profits. How can you explain this? Do you believe production, costs, industry structure, competiton or monopolies have any relevance?
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The Industries Of The Future
Authors: Alec Ross
1st Edition
1476753660, 9781476753669
