menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Economics
  4. Exam
    Exam 15: Entry, Exit, and Long-Run Profitability
  5. Question
    When a Market Has Free Entry and Exit, in the Long
Solved

When a Market Has Free Entry and Exit, in the Long

Question 204

Question 204

Multiple Choice

When a market has free entry and exit, in the long run, sellers:


A) tend to leave the market.
B) suffer economic losses.
C) have positive profits.
D) have zero economic profits.

Correct Answer:

verifed

Verified

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

Related Questions

Q199: When there are new entrants into a

Q200: The costs used to calculate economic profit

Q201: When market leaders produce on a mass

Q202: How can government regulations that focus on

Q203: (Scenario: Accounting and Economic Profit) Use Scenario:

Q205: A company's profit margin per unit sold

Q206: Sellers try to avoid the entry of

Q207: Carlos owns one of the 30 lawn

Q208: Which of the following strategies would allow

Q209: Suppose that the market for cab rides

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