Why will firms in price-taker market be able to earn profits


Problem

Will firms in a price-taker market be able to earn profits in the long run? Why or why not? What determines profitability? Discuss.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Why will firms in price-taker market be able to earn profits
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