1 If the firms in a competitive industry are making short-run profits, what will happen to the...

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1 If the firms in a competitive industry are making short-run profits, what will happen to the market price in the long run? Explain.

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Essentials Of Economics

ISBN: 396414

2nd Edition

Authors: James D Gwartney; Richard Stroup; J R Clark

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Question Posted: Oct 25, 2024 10:05 AM

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1 If the firms in a competitive industry are making short-run profits, what will happen to the...

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Essentials Of Economics

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