Assume That All Firms in a Particular Perfectly Competitive Industry

question 44

Multiple Choice

Assume that all firms in a particular perfectly competitive industry are earning economic profits.This will cause firms to ______ the industry,which will continue until ______.

• A) exit;economic losses occur
• B) enter;economic profits are zero
• C) enter;accounting profits are zero
• D) exit;economic profits are zero
• E) enter;economic profits are negative

Analyze different film genres and their impacts on pop culture.

Comprehend the role of key figures in shaping 1980s and 1990s Hollywood.

Understand the evolution of film franchises and their contribution to the film industry.

Recognize the influence of specific directors and auteurs on cinema.