Economists proclaim that competitive firms make zero economic profit in the long run. This shows how

Economists proclaim that competitive firms make zero economic profit in the long run. This shows how



A) detached economists are from the real world.
B) unrealistic economic theory is.
C) firms cover all their cost, both monetary and non-monetary.
D) firms cover only monetary cost when economic profits are zero


Answer: firms cover all their cost, both monetary and non-monetary.



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