Economy, asked by ayushsethi32, 6 months ago

in long run the monopoly competitive firm has earn
1. abnormal profit
2. normal profit
3. loss
4. none of these

Answers

Answered by moomintariq22

Long Run Equilibrium of Monopolistic Competition: In the long run, a firm in a monopolistic competitive market will product the amount of goods where the long run marginal cost (LRMC) curve intersects marginal revenue (MR). ... The result is that in the long-term the firm will break even

plz like

Previous Question

Next Question

Similar questions

Physics, 3 months ago

when electric current flows through a wire it gets heated which is termed as which effect of electric current...

Science, 3 months ago

Why is there presence of cell wall only in plants cells ?

Social Sciences, 3 months ago

from where do the employment and non employment figures are taken to study the data a) real time handbook of statistics on indian economy b) national statistical office c)NITI Aayog d)statistics information bureau...

Math, 6 months ago

if z=9find the value of 2z/3+6...