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Long - run adjustments in purely competitive markets primarily take the form of 2 points Multiple Choice 0 1 : 5 3 : 1 0
Longrun adjustments in purely competitive markets primarily take the form of
points
Multiple Choice
::
entry or exit of firms in the market.
product differentiation.
variations in the cost curves of different firms in the market.
evolution of the market from a constantcost to an increasingcost industry.
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