Firms in an oligopoly market can potentially earn economic profits. Question 8 options: In the short run, but not the long run. In the long run, but not the short run. In both the short run and long run In neither the short run nor the long run

Firms in an oligopoly market can potentially earn economic profits. Question 8 options: In the short run, but not the long run. In the long run, but not the short run. In both the short run and long run In neither the short run nor the long run

Economics For Today

10th Edition

ISBN:9781337613040

Author:Tucker

Publisher:Tucker

Chapter10: Monopolistic Competition And Oligoply

Section: Chapter Questions

Problem 9SQP

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Question

Firms in an oligopoly market can potentially earn economic profits.

Question 8 options:

	In the short run, but not the long run.
	In the long run, but not the short run.
	In both the short run and long run
	In neither the short run nor the long run

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