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ECON MACRO 5th Edition by William McEachern
Edition 5ISBN: 978-1305631946ECON MACRO 5th Edition by William McEachern
Edition 5ISBN: 978-1305631946 Exercise 10
(Zero Economic Profits in Long Run) Why is there no economic profit for perfectly competitive firms in the long run? Why is there no economic loss?
Explanation
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In the long-run, firms in perfectly comp...
ECON MACRO 5th Edition by William McEachern
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