In a perfectly competitive market, the process of entry and exit will end when A

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In a perfectly competitive market, the process of entry and exit will end when Answer price equals minimum marginal cost. marginal revenue equals marginal cost. economic profits are zero. accounting profits are zero. In a perfectly competitive market, the process of entry and exit will end when In a perfectly competitive market, the process of entry and exit will end when price equals minimum marginal cost. marginal revenue equals marginal cost. economic profits are zero. accounting profits are zero. price equals minimum marginal cost. marginal revenue equals marginal cost. economic profits are zero. accounting profits are zero.

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Ans-c)

economic profits are zero.

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In a perfectly competitive market, the process of entry and exit will end when A

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