Examlex

Solved

If Perfect Competitors Are Losing Money in the Short Run,then

question 165

Multiple Choice

If perfect competitors are losing money in the short run,then in the long run there will be _____ firms in the industry and market price will _____.


Definitions:

TV Ownership

The possession or acquisition of televisions by individuals or households, reflecting a measure of technological adoption and cultural influence.

Americans

Refers to the citizens or natives of the United States of America, encompassing a wide range of cultural, ethnic, and racial groups.

1970

A year marked by significant global and national events, including environmental activism leading to the first celebration of Earth Day.

Jean-Jacques Servan Schreiber

A French journalist and politician known for his reformist views and the founding of the weekly magazine L'Express.

Related Questions