If you want money get a job instead of being lazy cuz you gone have to get one sooner or later or your not going anywhere in life
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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58 percent because you divide 29 by fifty and you get the first 2 digits after the decimal.
Answer:
the header of the income statement.
income statement
business name
the dates of the accounting period that the income statement will cover.