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Lady_Fox [76]
3 years ago
12

Free entry means that _____.

Social Studies
1 answer:
Bezzdna [24]3 years ago
7 0

Answer:

c. a firm's marginal cost is zero.

Explanation:

Free entry is the <em>condition in which new firms are allowed to enter an industry costlessly</em> in order to achieve an economic benefit by establishing production and beginning to sell the product. To keep the equilibrium in the market free entry also allows free exit of firms.

I hope you find this information useful and interesting! Good luck!

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