In Which of the Following Market Structures Can Firms Earn

question 216

Multiple Choice

In which of the following market structures can firms earn economic profits in the long run?

• A)perfect competition
• B)monopolistic competition
• C)monopoly
• D)Both b and c are correct.

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A global Christian humanitarian organization dedicated to working with children, families, and their communities to reach their full potential by tackling the causes of poverty and injustice.

Domain-Specific Adaptations

Attributes that evolved to meet a particular challenge but that are not particularly useful when dealing with other types of challenges.

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