Why there are no economic profits or losses in long run


Assignment: Principles Of Microeconomics Essay

Write a two-page essay that explains why in perfect competition, there are no economic profits or losses in the long run. Use a minimum of two academic journal articles from the CSU Online Library. Your essay must be formatted in APA style. But you can use other sources but they must be academic related (not websites such history.com or Wikipedia)

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Why there are no economic profits or losses in long run
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