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The figure depicts the shortminus run cost curves of a perfectly competitive firm. A firm could choose to produce a quantity of 60 in the
The figure depicts the shortminus run cost curves of a perfectly competitive firm. A firm could choose to produce a quantity of 60 in the long run if ________. Part 2 A. the firm expected to price to rise in the future B. barriers to entry existed C. the firm was experiencing decreasing returns to scale D. this firm could not exit the industry
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