Question: Please help me out: short answer. be unique: don't copy: Explain the long run profit for perfectly cometitive firs. Is there any profit? why? what

Please help me out: short answer. be unique: don't copy:

Explain the long run profit for perfectly cometitive firs. Is there any profit? why? what can you say about price, short run mc, longrun mc, long run avrage cost short run average cost?

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