Write a two-page essay that explains why in perfect competition, there are no economic profits or losses in the long run.

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Two-page Principles of Microeconomics Essay
Unit IV Essay
Write a two-page essay that explains why in perfect competition, there are no economic profits or losses in the long run. Use a minimum of two academic journal articles from the Online Library. Your essay must be formatted in APA style.
All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations. All references and citations used must be in APA style. Course Textbook
McEachern, W. A. (2015). ECON microeconomics (4th ed.). Stamford, CT: Cengage Learning.
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