If Identical Firms That Remain in a Competitive Market Over

question 122

Essay

If identical firms that remain in a competitive market over the long run make zero economic profit, why do these firms choose to remain in the market?

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Definitions:

Abnormal Cells

Cells that have experienced changes in structure or function, often associated with diseases or conditions.

Nonhomologous Chromosome

Chromosomes that are not matching or similar in structure and gene composition; typically refers to the chromosomes that are not sex chromosomes.

Homologous Chromosome

A pair of chromosomes that have the same structure and gene sequence, coming one from each parent, and pair up during meiosis.

Translocation

The process in plants where products of photosynthesis are transported from leaves to other parts of the plant through the phloem.