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.
Find out more on perfectly competitive markets at brainly.com/question/15712381
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The list is the best data validation that you should use if you want to restrict the values to a specific set.
<h3>What is data validation in a spreadsheet?</h3>
This is a feature in a spreadsheet such as excel that helps to control the entries that the users are allowed to input in a cell.
You can use this excel feature to ensure that a value is a number that is between 1 and 5.
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<u>Complete question:</u>
You want to restrict the values entered in a cell to a specified set, such as hop, skip, jump. Which type of data validation should you use?
database
list
input range
custom
Read more on data validation here: brainly.com/question/25895973
Answer: In court a witness is a person who saw it all happen and if your a witness the court would want you to explain what you saw or what happened.
Explanation:
2+5+8+1=16
16/4=4
4 is the average (mean)
If you are using USA test prep the answer would be:
<span>
C). <span>a sharp spike in the graph immediately following the "0" location of the X axis</span></span>
