Use Conects it’s a better app for math hope this helps
Answer:C. competitive firms' profits are zero.
Step-by-step explanation: Perfect competition is the highest level of competition where the number of buyers and sellers are large,all firms are price takers,no government intervention,the products are homogeneous,no firm makes extraordinary profits, there is free entry and exit for buyers and sellers etc.
IN THE LONG RUN A PERFECTLY COMPETITIVE FIRM MAKES ZERO PROFITS.
Answer:
Answer: The percentage increase is 78.68%
Step-by-step explanation:
Answer:
last one equally likely, the probability is 0.5
