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

Question
In the _________, if profits are not possible, the perfectly competitive firm will seek out the quantity of output where _____________________ . – Q/A (Question and Answer)

Test Answer

Answer:

short run; losses are smallest

Recource microeconomics 8

Unlock this answer Join StudyHippo to unlock
unlock
Get an explanation on any task
Get unstuck with the help of our AI assistant in seconds
New