Principles Of Marketing
Principles Of Marketing
17th Edition
ISBN: 9780134492513
Author: Kotler, Philip, Armstrong, Gary (gary M.)
Publisher: Pearson Higher Education,
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QUESTION 8
In the long run, firms will expand as long as there are more.
O economies of scale; zero profits
O diseconomies of scale; zero profits
O economies of scale; positive economic profits
O diseconomies of scale; positive economic profits
and new firms will enter the industry as long as they earn.
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Transcribed Image Text:QUESTION 8 In the long run, firms will expand as long as there are more. O economies of scale; zero profits O diseconomies of scale; zero profits O economies of scale; positive economic profits O diseconomies of scale; positive economic profits and new firms will enter the industry as long as they earn.
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