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Supposing that firms in a given industry are making positive economic profits, which of the following statements would be true? Group of answer choices Economic
Supposing that firms in a given industry are making positive economic profits, which of the following statements would be true? Group of answer choices Economic profits in this industry will tend to rise over time. There will be a long-run gradual migration of firms from other industries to this industry. The price in this industry will tend to rise over time. Firms in any other industry must then be making negative economic profits
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