In perfect competition ……. ?
Select ONE answer:
- normal profit.
- marginal revenue.
- economic profit.
- marginal profit.
Show your workings to arrive at your answer, and explain and justify your reasons:……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………
This multiple choice question is suitable for Economics KS5 classes.
The answer is 3
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