menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Microeconomics Study Set 4
  4. Exam
    Exam 9: Competitive Markets for Goods and Services
  5. Question
    Accounting Profit in the Long Run in Perfect Competition Will
Solved

Accounting Profit in the Long Run in Perfect Competition Will

Question 261

Question 261

True/False

Accounting profit in the long run in perfect competition will be zero.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q140: If a perfectly competitive firm increases production

Q255: Which of the following is true?<br>A) Price

Q257: Use the following to answer question(s): <br>Exhibit:

Q258: Economic profit is maximized when:<br>A) the slope

Q259: Use the following to answer question(s): <br>Exhibit:

Q260: Use the following to answer question(s): <br>Exhibit:

Q262: A perfectly competitive firm will not produce

Q263: If a perfectly competitive firm sells 300

Q264: In the short run, a perfectly competitive

Q265: The slope of the total cost curve

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines