Economy, asked by twishapatel59, 6 months ago

when _____ the firm are earning just normal profit

Answers

Answered by LEGEND778

Answer:

when AC=AR

Explanation:

In a competitive market, the firm maximize it's profit when the average cost of the firm is equal to average revenue of the firm so that the firm earns normal profits in the long run,

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when _____ the firm are earning just normal profit​

Answers

when _____ the firm are earning just normal profit