question archive In a short-run competitive equilibrium, which of the following is always true? Profit equals zero Profit can be negative, zero, or positive
In a short-run competitive equilibrium, which of the following is always true? Profit equals zero Profit can be negative, zero, or positive
Subject:AccountingPrice: Bought3
In a short-run competitive equilibrium, which of the following is always true? Profit equals zero Profit can be negative, zero, or positive. Profit can be zero or positive, but not negative. Subirtit You have used 0 of 1 attempt PartA: Multiple Choice-2 10 point possible graded results hidden) Suppose that 6000 identical sellers each set their profit-maximizing output level at 20 units when price equals 55tk. Then what is market quantity supplied at a price of 55tk? 200 1,100 1.20,000 3,30,000
