If Firms Are Protected by Substantial Barriers to Entry, Short-Run

question 95

True/False

If firms are protected by substantial barriers to entry, short-run profits can turn into long-run profits.

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Definitions:

Therapeutic Rationale

The reasoning or logical basis behind particular therapeutic techniques, strategies, or interventions aimed at facilitating a client's treatment process.

Dysfunctional

Dysfunctional refers to behaviors or patterns that are maladaptive, impairing an individual's ability to function effectively in daily life.

Overt

Something that is open and observable, not hidden or secret.

Covert

Hidden or not openly acknowledged, often used in the context of psychological phenomena or operations.