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Tems11 [23]
2 years ago
12

In long-run equilibrium, the perfectly competitive firm earns __________ economic profits.

SAT
1 answer:
DochEvi [55]2 years ago
3 0

In perfectly competitive markets, firms in the market in the long-run, will earn zero economic profits.

<h3>What economic profits are earned in a perfectly competitive market?</h3>

In the short-run, there is a chance to earn a positive economic profit in a perfectly competitive market but this would then attract other companies into the market to make profits as well.

This then leads to the profits disappearing thanks to increased supply and lower prices. Companies would then leave and enter to either take advantage of profits or stop losses thereby keeping economic profits at zero in the long run.

Find out more on perfectly competitive markets at brainly.com/question/15712381

#SPJ1

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3 years ago
Which option identifies the type of scientific misconduct demonstrated in the following scenario?
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Scientific misconducts are an infringement of the ethical codes. In the given scenario the negligence of the cited source in the data is misconduct.

<h3>What is cited source?</h3>

Cited sources are the references of the data taken from the other places and websites that are included in your content as an image, text, figures, statements, etc.  

The text or the data used from other sources must be cited by including the name of the authors from the authentic source followed by the author from the secondary reference.

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Learn more about scientific misconduct here:

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2 years ago
The price of a video game is $35. 60. If you purchase the video game for $30. 26 with a coupon, what percent of the original pri
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2 years ago
When the speaker in "any human to another" says that "sorrow never scorned to speak / to any who / were false or true," he means
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The speaker means that; <u>sorrow comes to every human being </u>

<h3>The poem " any human to another"</h3>

In the poem " any human to another" the summary of the poem is that every human have undergone one form of suffering and this unites every human on earth. therefore what the speaker says  means that sorrow comes to every human being.

Hence we can conclude that The speaker means that <u>sorrow comes to every human being </u>

Learn more about  "any human to another" : brainly.com/question/4418450

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