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.