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Why are oligopolies able to earn both short-run economic profits and long-run economic profits, while price taking firms like perfect competitors can only earn short-run
Why are oligopolies able to earn both short-run economic profits and long-run economic profits, while price taking firms like perfect competitors can only earn short-run economic profits?
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Microeconomics For Today
Authors: Irvin B. Tucker
10th Edition
1337613061, 978-1337613064
