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If Panera Bread's clean food strategy succeeds and customers are willing to pay higher prices for their menu items, the company will Group of answer
If Panera Bread's "clean food" strategy succeeds and customers are willing to pay higher prices for their menu items, the company will Group of answer choices likely attract competitors that offer the same kind of food, and all else equal, eventually economic profits will be competed away. eventually suffer economic losses, as do all fast-casual restaurants. continue to earn substantial economic profits in the long run. no longer be monopolistically competitive
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