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28 Nov 2020
Which of the following is true about the competitive market?
a. Firms are price takers
b. Price equals average total cost in the long run
c. Firms earn positive profit in the long run
d. Firms are not price takers
Which of the following is true about the competitive market?
a. Firms are price takers
b. Price equals average total cost in the long run
c. Firms earn positive profit in the long run
d. Firms are not price takers
Yusra AneesLv10
8 Mar 2021