Isn’t it right to conclude that since in the long run, AR<AC for monopolistic firms, the firms will face an economic loss, rather than a 0 economic profit?
Home/firms and market structure
Sign Up to SSEI Q Forum to ask questions
Login to SSEI Q Forum
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.