In the if profits are not possible the perfectly, Ask an Expert

Economics

In the ________, if profits are not possible, the perfectly competitive firm will seek out the quantity of output where ________.

long run : variable costs can be increased

long run : fixed costs can be eliminated

short run : losses are smallest

short run : fixed costs can be reduced

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91562639

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