1.8 Suppose you read in a business magazine that computer firms are reaping high profits.With the theory...

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1.8 Suppose you read in a business magazine that computer firms are reaping high profits.With the theory of perfect competition in mind, what do you expect to happen over time to the following: computer prices, the profits of computer firms, the number of computers on the market, the number of computer firms?

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Economics

ISBN: 978-0324538014

8th Edition

Authors: Roger A Arnold

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