In the long run, a competitive firm can earn

Related MCQs

• In the long run, a monopolistically competitive firm earn
• In the short-run, a competitive firm can earn
• If price is equal to average cost, in the short-run, the competitive firm can earn
• If price is greater than average cost, in the short-run, the competitive firm can earn
• If price is less than average cost, in the short-run, the competitive firm can earn
• When a purely competitive firm is in long-run equilibrium, price is equal to:
• In the long run, a perfectly competitive firm earning zero economic profits
• When the perfectly competitive firm and industry are both in long-run equilibrium
• When the perfectly competitive firm but not the industry is in long-run equilibrium,
• When the perfectly competitive firm and industry are both in long run equilibrium