Question: In perfect competition, which is not true? Multiple Choice O O O O Firms make positive profits in the long run. Firms produce homogenous

In perfect competition, which is not true? Multiple Choice O O O O Firms make positive profits in the long

In perfect competition, which is not true? Multiple Choice O O O O Firms make positive profits in the long run. Firms produce homogenous goods. There are a large number of firms. Firms face a horizontal demand curve for their product.

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