In the long run, profits will equal zero in a competitive market becau

In the long run, profits will equal zero in a competitive market because of

A) constant returns to scale.
B) identical products being produced by all firms.
C) the availability of information.
D) free entry and exit.

 

ANSWER

D

 

Expert paper writers are just a few clicks away

Place an order in 3 easy steps. Takes less than 5 mins.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
$0.00