ECO 365T Wk 4 Discussion – Competitive Firms

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ECO 365T Wk 4 Discussion - Competitive Firms
ECO 365T Wk 4 Discussion – Competitive Firms
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ECO 365T Wk 4 Discussion – Competitive Firms

Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students.

Due Thursday

Respond to the following in a minimum of 175 words:

Compare  the short run and long run for perfectly competitive firms. How do perfectly competitive firms adapt to market changes in the short run? What can perfectly competitive firms expect in the long run in terms of profits?

Due Monday

Reply to at least 2 of your classmates. Be constructive and professional in your responses.