
Issues in Economics Today 7th Edition by Robert Guell
النسخة 7الرقم المعياري الدولي: 978-0078021817
Issues in Economics Today 7th Edition by Robert Guell
النسخة 7الرقم المعياري الدولي: 978-0078021817 تمرين 11
Economic theory would suggest that the profitability of an industry would be
A) directly related to the number of firms competing in the industry.
B) inversely related to the number of firms competing in the industry.
C) unrelated to the number of firms competing in the industry.
D) zero in the long run, regardless of market structure.
A) directly related to the number of firms competing in the industry.
B) inversely related to the number of firms competing in the industry.
C) unrelated to the number of firms competing in the industry.
D) zero in the long run, regardless of market structure.
التوضيح
Hence option (a)is incorrect.
The profit...
Issues in Economics Today 7th Edition by Robert Guell
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