Firm A is a perfectly competitive firm, and firm B is a monopoly firm. Both are earning profits. Which is less likely to be earning profits in the future?
Explain.

Question

05-11-2022
Social Studies

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Firm A is a perfectly competitive firm, and firm B is a monopoly firm. Both are earning profits. Which is less likely to be earning profits in the future?
Explain.

Sagot :

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Firm A is a perfectly competitive firm, and firm B is a monopoly firm. Both are earning profits. Which is less likely to be earning profits in the future? Explain.

Sagot :

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Firm A is a perfectly competitive firm, and firm B is a monopoly firm. Both are earning profits. Which is less likely to be earning profits in the future?
Explain.