Why would firms choose to operate in a perfectly competitive market even though they earn no economic

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Why would firms choose to operate in a perfectly competitive market even though they earn no economic profit in the long run?

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Microeconomics A Contemporary Introduction

ISBN: 9781305505537

11th Edition

Authors: William A. McEachern

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Question Posted: Oct 29, 2023 05:49 AM

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Why would firms choose to operate in a perfectly competitive market even though they earn no economic

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In the long run firms in perfect competition earn just a normal profit which means zero ...View the full answer

Microeconomics A Contemporary Introduction

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