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If the firms in a perfectly competitive market are making losses, then in the long run Select one: Firms will leave the market, decreasing market
If the firms in a perfectly competitive market are making losses, then in the long run
Select one:
Firms will leave the market, decreasing market supply until the price increases up to ATC
Firms will enter the market, increasing market supply until the price decreases down to ATC
Consumers will enter the market, increasing prices until price increases up to ATC
Consumers will leave the market, decreasing demand until price decreases down to ATC
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