How is it possible that in perfect competition some firms
How is it possible that in perfect competition some firms have economic profits equal to zero while others have a positive economic profit. Can they have a positive consumer surplus? Isn't it a contradiction?
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in the wall street journal article included in this weeks lesson what change in the small drugstore chains product
how is it possible that in perfect competition some firms have economic profits equal to zero while others have a
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agree or disagree and explain your answer the typical firm in a monopolistic competitive market earns above normal
why do prices in monopolistic competitive markets remain above the prices that would exist in perfectly competitive
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