Which of the following will not hold true for a competitive firm in long-run equilibrium? O Pequals minimum ATC O Pequals AFC OMC equals minimum ATC Pequals MC

The answer is (a) P = AFC. In the long run, a competitive firm will have an economic profit of zero. That includes an accounting profit greater than zero.

17 мар. 2024 г. · Which of the following does not hold true for the perfectly competitive firm in long-run equilibrium? Its economic profit will be zero.It will ...

Don't know? Which of the following will not hold true for a competitive firm in long-run equilibrium? P equals AFC. as the industry expands, prices are bid up ...

Which of the following will not hold true for competitive firm in long-run equilibrium? (a) P equals AFC. (b) P equals MC. (c) P equals minimum ATC. (d) MC ...

7 июн. 2021 г. · Which of the following will not hold true for a competitive firm in long-run equilibrium? A.P = minimum ATC O B. MC = minimum ATC O C.P = AFC O ...

Which of the following will not hold true for a competitive firm in long-run equilibrium? A. P equals AFC. B. P equals minimum ATC. C. MC equals minimum ATC ...

13 июл. 2024 г. · The option that will not hold true for a competitive firm in long-run equilibrium is "P equals minimum ATC". +1 creditsWas this answer helpful?

Which of the following does not hold true for a perfectly competitive firm in long-run equilibrium? a. Its marginal revenue will be equal to the price. b. Its ...

24 июл. 2022 г. · In long-term equilibrium, a completely competitive firm won't make any money. Because pricing will be equal to marginal cost, the company will ...