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Suppose there are 3 industries competitive economy ( X ) , ( Y ) and ( Z ) . You notice that marginal firms in
Suppose there are industries competitive economy XY and Z You notice that marginal firms in industry X and industry Z are exiting and entering industry Y Also, assume perfectly specialized economic goods. Which of the following could we infer?O A Industry Y earns more than the general rate of return on investment. B Industries X and Z do not earn accounting profits.O C The prices for the factors of production in industry Y will decrease. D The prices for the factors of production in industry X and Z will increase. E None of the above is correct.
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