Which market structure(s) will have zero economic profits in the long run?

  1. Which market structure(s) will have zero economic profits in the long run?
  2. Which market structure(s) will be a price maker and have barriers to entry?
  3. There are currently 8 firms in a particular market. There firm sales are given in the table

below. What is the four-firm concentration ratio for this industry? Would you classify it as an


Firm Sales

















  1. Although market structures vary widely in their characteristics, what is one common aspect

among all of them? Does your previous answer have any potential calculation?

  1. In the long run, which market structures are likely to have their average cost curve just sit on

top of their demand curve? What does this imply for each market structure? Are there any

differences in the market structures you gave in your previous answer?

  1. What market structure(s) are likely to cause a net loss to societal welfare?
Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Benefits of our college essay writing service

  • 80+ disciplines

    Buy an essay in any subject you find difficult—we’ll have a specialist in it ready

  • 4-hour deadlines

    Ask for help with your most urgent short tasks—we can complete them in 4 hours!

  • Free revision

    Get your paper revised for free if it doesn’t meet your instructions.

  • 24/7 support

    Contact us anytime if you need help with your essay

  • Custom formatting

    APA, MLA, Chicago—we can use any formatting style you need.

  • Plagiarism check

    Get a paper that’s fully original and checked for plagiarism

What the numbers say?

  • 527
    writers active
  • 9.5 out of 10
    current average quality score
  • 98.40%
    of orders delivered on time