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If firms on a perfectly competitive market are experiencing positive economic profits, then we can predict that: A . more firms will enter the market,
If firms on a perfectly competitive market are experiencing positive economic profits, then we can predict that:
A more firms will enter the market, supply will decrease, and price will increase.
B more firms will enter the market, supply will increase, and price will increase.
C more firms will enter the market, supply will decrease, and price will fall.
D more firms will enter the market, supply will increase, and price will fall.
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