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suppose that a firm is in a long run equilbrium and the demand for the product decreases. Arrange the events in the order in which
suppose that a firm is in a long run equilbrium and the demand for the product decreases. Arrange the events in the order in which they occur after demand decreases untill price returns to long-run equilbrium. Note that not all of the events need to be placed. Price decreases, supply decreases, price increases, firms exit, firms enter, supply increases
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