Uber drivers would switch from driving for Uber to driving for Lyft until the economic profit of Lyft and Uber drivers is equal to zero. B. Lyft drivers would switch from driving for Lyft to driving for Uber until the economic profit of Lyft and Uber drivers is equal to zero . Lyft drivers would switch from driving for Lyft to driving for Uber until the economic profit Uber drivers are higher than Uber drivers. D. What happens in the long run between Uber and Lyft drivers is indeterminate?

Answer rating: 100% (QA)

A Uber drivers would switch from driving for Uber to driving for Lyft until the economi... View the full answer