3 ms·
Yes, this is what econ 101 teaches, or did when I was in school. See: https://en.m.wikipedia.org/wiki/Zero-profit_condition https://en.m.wikipedia.org/wiki/Zer
by silisili 4y ago
Yes, this is what econ 101 teaches, or did when I was in school.
See: https://en.m.wikipedia.org/wiki/Zero-profit_condition https://en.m.wikipedia.org/wiki/Zero-profit_condition
https://en.m.wikipedia.org/wiki/Perfect_competition https://en.m.wikipedia.org/wiki/Perfect_competition