Firms usually engage in a lot of activates for profit. Zero economic profit may continue to earn profit by reducing costs.
- A monopolistic competitor, like some organizations often earn profits in the short run. The entry of some firms into the same market can bring about a shift in the demand curve faced by a monopolistically competitive firm.
When economic profit is zero, an organization is known to be earning the same as when its resources were used in the next best alternative.
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Is zero economic profit inevitable in the long run for monopolistically competitive firms? In the long run, monopolistically competitive firms
A. will not continue to earn profit because the cost of production will rise as new firms enter the market.
B. may continue to earn profit by convincing consumers their products are different.
C. will continue to earn profit due to barriers to new firms entering the market.
D. may continue to earn profit by instead beginning to produce a product identical to competitors.
E. will not continue to earn profit because monopolistically competitive firms produce identical products.
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The first one I think interest aways make ppl second guess especially if it's high
Answer:
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This is your answer
Answer:
Opportunity costs.
Explanation:
Investing in stocks depicts Barney's opportunity cost of money.
The opportunity cost is the money or funds held up by an individual instead of investing it in other businesses or ventures to yield interests.
