hunter7575 hunter7575
  • 23-02-2018
  • Business
contestada

When a firm in perfect competition has economic profit is equal to zero?

Respuesta :

kaliyahbenning2
kaliyahbenning2 kaliyahbenning2
  • 26-02-2018
In order to maximize profits in a perfectly competitivemarket, firms set marginal revenue equal to marginal cost (MR=MC).
Answer Link

Otras preguntas

What is the reason behind that the melting and boiling point of iron is more than that of sodium? Write any two differences between metalloids and alloys.​
When entering the provider's Social Security number (SSN) or employer identification number (EIN) in CMS-1500 Block 25, a a. hyphen is not entered. b. hyphen
Why do people get hiccups? (i have them right now and i can't seem to get rid of them)
Question #12: A department store has a discount on shoes based on a percentage of the price. Suppose one pair of shoes is marked down from $70 to $49. What is t
Some1 help pzl Find the surface area 7m 15m 6m
I can't remember how to do this
Why is north korea known as an intelligence black hole.
Which of the following correctly pairs biotic factors with an effect on the biosphere? -Biotic factors would increase the average temperature. -Biotic factors
At what temperature would 2. 10 moles of N2 gas have a pressure of 2. 25 ATM and in 25. 0 L tank?
What is the area of the composite figure? Will mark brainlyest!!