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If a market changes from oligopoly to perfect competition, then as a result: Select one: a.Output should increase in the long run. b.Costs will rise
If a market changes from oligopoly to perfect competition, then as a result:
Select one:
a.Output should increase in the long run.
b.Costs will rise in the short run.
c.Profitability should rise in the long run.
d.Prices should rise in the long run.
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