📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    âš¡ Month End Offer - Flat 52% Off On All Courses! Enroll Now âš¡
    00:00:00 AM Left

    Question

    If the firms under perfect competition have different

    costs, abnormal profits can be earned in the long run only by
    A marginal firms Correct Answer Incorrect Answer
    B intra-marginal firms Correct Answer Incorrect Answer
    C All of the firms Correct Answer Incorrect Answer
    D None of these Correct Answer Incorrect Answer

    Solution

    If the firms under perfect competition have different costs, abnormal profits can be earned in the long run only by intra-marginal firms

    Practice Next
    More Sale Questions
    ask-question