Unit 2.11: Diagram revision

1. Complete the following diagrams:Perfectly competitive firm in the LRPerfectly competitive firm making a lossPerfectly competitive firm making abnormal profitMonopoly firm making a loss2. Complete the following sentence:(a) Firms in monopolistic competition and perfect competition will make normal profits in the long run because there are no ___________________ to _____________
To access the entire contents of this site, you need to log in or subscribe to it.
Click the free stuff button on the home page to access free pages or check the blog (which is also free)