Question
Y5 A profit maximizing competitive firm that is making positive profits in long run equilibrium (may/may not) have a technology with constant returns to scale.
Y5
A profit maximizing competitive firm that is making positive profits in long run equilibrium (may/may not) have a technology with constant returns to scale. Explain
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Macroeconomics
Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore, Ronald D. Kneebone
6th Canadian Edition
321675606, 978-0321675606
