Economic profit in Short run Flashcards
1
Q
Perfect Competition
A
> 0 0 <0
2
Q
Monopolistic Competition
A
> 0 0 <0
3
Q
Oligopoly
A
> 0 0 <0
4
Q
Pure Monopoly
A
> 0 0 <0
Perfect Competition
> 0 0 <0
Monopolistic Competition
> 0 0 <0
Oligopoly
> 0 0 <0
Pure Monopoly
> 0 0 <0