Answer to Question #29006 in Economics of Enterprise for Tanya

Economics of Enterprise

Question #29006

Why do short-run profits in a perfectly competitive industry tend to disappear in the long run?

Expert's answer

Answer in progress...

Learn more about our help with Assignments: Economics of Enterprise

Comments

No comments. Be the first!

Leave a comment

Related Questions

1. I was to do some reading on internationalization (entry of foreign markets). However, by a simple sp
2. I have been trying to read up a bit on internationalization (foreign market entry). However, by a si
3. Mr. Clark earns $300 per week but budgets $100.00 per week for the purchase of cakes and strawberrie
4. what are the advantages and disadvantages of socialism
5. ffdetermine the quantity of computers bought an sold at equilibrium. if the demand and supply curve
6. the elasticity of demand facing the shrimp sector is: price elasticity of demand (PED)..............
7. Should a company reject an order if the 5.50 price exceeds the variable cost of 4.55?