In which market is the firm a price maker

Reference no: EM132173662

Question: 1. In the short run, why might a firm in perfect competition continue production even though it is making a loss?

2. In which market is the firm a price maker?

3. What happens to abnormal profits in the long run in a monopoly?

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132173662

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