Identify the Market in the Following List Where Economic Profit

question 73

Multiple Choice

Identify the market in the following list where economic profit is driven to zero in the long run:

• A)oligopoly
• B)monopoly
• C)common resource
• D)perfect competition

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Definitions:

Family Intervention

A structured method of assistance where family members come together to address issues affecting one or more of their members, often related to mental health or substance abuse.

Autism Spectrum Disorder

A range of neurological and developmental disorders characterized by difficulties in social interaction and communication, along with restricted and repetitive behaviors.

Delinquent-Type Behaviors

Actions that violate social norms or laws, often performed by juveniles.

Repetitive Behaviors

Actions that are performed over and over again, often as a symptom of a neurodevelopmental disorder.