Question

Which of these
correctly differentiates
between long run and
short run equilibrium
under perfect
competition?
A-In the short run, firms cannot
make super normal profit, while
in the long run they can
B-The number of firms is not in
equilibrium in the short run
while it is in equilibrium in the
long run
C-In the short run, firms cannot
make losses, while in the long
run they can
D-In the short run, firms can
make normal profits, while in
the long run they can only
make supernormal profits​

Answer 1

Answer:

I think the answer is B.The no.of firms can't in equilibrium in the shot run