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scoundrel [369]
3 years ago
6

2. Yogurt manufacturers, food scientists; and government

SAT
1 answer:
gizmo_the_mogwai [7]3 years ago
6 0
C. Because you’re stating a list of 3
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Read 2 more answers
In long-run equilibrium, the perfectly competitive firm earns __________ economic profits.
DochEvi [55]

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.

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3 0
2 years ago
Kindly :( can anyone give me an example of the chart above ?
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Sin(30°) =1/2 0.5

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Note that the sin of an angle is equal to the cos of the complementary angle:

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