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pantera1 [17]
3 years ago
11

Which characteristics make it so that perfectly competitive firms and monopolistically competitive firms have zero economic prof

it in the long run?
Business
1 answer:
FrozenT [24]3 years ago
6 0

Answer:

A.  Homogeneous product and perfect information

Explanation:

The characteristics in which the perfectly competitive market and the monopolistic market would have zero economic profit in the long run that should be the same product and perfect information as the high prices would vary . Also it decreases the asymmetric information

Therefore as per the given situation, the correct option is A

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3 years ago
In a perfectly competitive market, a firm's short-run supply curve is:_________.
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B

Explanation:

4 0
4 years ago
You made an investment of $15,000 into an account that paid you an annual interest rate of 3.8 percent for the first 8 years and
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Answer: 6.22%

Explanation:

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3 0
3 years ago
The income statement provided is from June. Since Aafreen operates her restaurant on a calendar year, the net income represents
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2 years ago
Highlight four ways of improving productivity of labour as a factor of production​
UNO [17]

Answer:

Following are the four ways for improving the productivity of the labour is given below

Explanation:

  • If we give the proper resource assignment to each worker at the proper time we will increase the productivity of the labor .
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  • If we enhancing the physical capital it means if we dependent on the machinery they will increase the productivity .
  • Giving the incentive to labor at the particular interval of time we will increase the productivity.
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