Ask a New Question

Do Perfectly Competitive Firms earn normal profits?

2 answers

http://www.businessdictionary.com/definition/normal-profit.html

Thanks.

Ask a New Question or answer this question.

Similar Questions

The spirit of equating marginal cost with marginal revenue is not held bya.perfectly competitive firms. b.oligopolistic firms.
1. 2 answers
A perfectly competitive industry is initially in a short-run equilibrium in which all firms are earning zero economic profits
1. 1 answer
Monopolistic competitive firms in the long run earn:Question 30 options: A) positive economic profits. B) zero pure economic
1. 1 answer
A perfectly competitive firm in the short-run can earn:Question 5 options: A) positive economic profits. B) negative economic
1. 1 answer

more similar questions