Saturday
March 25, 2017

Post a New Question

Posted by on .

Suppose that some firms in a competitive industry are earning zero economic profits, while others are experiencing losses. All else equal, in the long run, we would expect the number of firms in the industry to

A. increase.

B. decrease.

C. remain the same.

D. We do not have enough information with which to answer this question.

  • Economics - ,

    What would you expect? A business can not operate long at no gain, or continuous losses.

    Sra

  • Economics - ,

    b

  • Economics - ,

    b

Answer This Question

First Name:
School Subject:
Answer:

Related Questions

More Related Questions

Post a New Question