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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The Federal Reserve
The Federal Deposit Insurance Corporation
The angle of elevation of the ground is the angle between the ground and the line of sight
The angle of elevation of the ground is 30.46 degrees
<h3>How to calculate the angle of elevation</h3>
The angle of elevation is calculated using the following tangent ratio

Evaluate the quotient

Take the arc tan of both sides

Using a calculator, we have:
= 30.46
Hence, the angle of elevation of the ground to the nearest tenth of a degree is 30.46 degrees
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Answer:
The gas giants of our solar system are Jupiter, Saturn, Uranus and Neptune.
Explanation:
Spent parts washer cleaning solutions are considered a special waste in Illinois because they may be a hazardous waste and are an industrial process waste. Spent solvents are almost always a hazardous waste.