Question: How does the long run equilibrium formSee the answerSee the answerSee the answer done loadingHow does the long run

Question: How does the long run equilibrium formSee the answerSee the answerSee the answer done loadingHow does the long run equilibrium form?For a firm to earn optimum profits, it must achieve a long-run equilibrium. If all firms in an industry achieve a long-run equilibrium, then the industry achieves the same…View the full answer