Profits in long run

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• long-run economic profits

  c. average costs of production are higher in the long run than in the short run. d. long-run economic profits are positive. d. long-run economic profits are positive.

• Short-Run Profit maximization

  
  Assuming short-run profits, in the long-run the monopolist will adjust its plant to achieve even larger profits. Output will be provided at the level at which long-run marginal cost equals long-run marginal revenue.

• Under What Conditions Can Firms Earn Long-Run Profits?

  429922 Short-run and long-run profits in three market structures.

• profits in the long-run

  334851 Explain what will happen to these profits in the long-run for the following (1) Assume that firms in the short-run are earning above-normal profits.

• Earning profit in a monopolistically competitive market

  c. persistently realize economic profits in both the short and long run d. may realize economic profits in the long run and normal profits in the short run The Kinked-Demand Curve model best reflects: Select one: a. mutual interdependence

• economic profits

  Firm will operate at minimum of their average total cost curve in the long run. Thus economic profits will be zero in the long run. The economic profits are evaluated.

• Monopolistic Competition and Oligopoly

  B. can earn either profits or losses in the short-run, but earn zero economic profits in the long-run. C. earn economic profits in the short-run but zero economic profits in the long-run.

• Competitive Advantage Pursued by Monopolistic Competition Firms

  If (for a short while) a firm is making economic profits, then other firms would quickly enter this industry in order to share in the profits. The profitable firm's sales would suffer and in the long run its economic profits would be zero.

• Short Run and Total Cost

  289235 Short run, total cost 1.In the model of monopolistic competition, there can be short-run a. losses or profits but there must be profits in long-run equilibrium. b. profits but there must be losses in long-run equilibrium.

• long run vs short run in terms of Microsoft

  134297 Long Run-Short Run I am trying to understand long run vs short run in terms of Microsoft. The question is can Microsoft earn short run economic profits, and can it sustain long run economic profits. Why or Why Not?