Question
If an industry is making negative economic profit in the short run, what do you expect to happen in the market in the long run?
If an industry is making negative economic profit in the short run, what do you expect to happen in the market in the long run?
a. Demand increases
b. Demand decreases
c. Supply increases
d. Supply decreases
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Holt McDougal Larson Geometry
Authors: Ron Larson, Laurie Boswell, Timothy D. Kanold, Lee Stiff
1st Edition
0547315171, 978-0547315171
