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In general, as markets have more competition, production falls and costs rise over the long run. less competition, production rises and costs rise over the

In general, as markets have

  • more competition, production falls and costs rise over the long run.
  • less competition, production rises and costs rise over the long run.
  • Incorrect
  • less competition, production falls and costs fall over the long run.
  • more competition, production rises and costs fall over the long run.

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