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Today, producers of nail polish are making a positive economic profit. How do you predict the market for nail polish and the profit made by
Today, producers of nail polish are making a positive economic profit. How do you predict the market for nail polish and the profit made by producers will change in the long run? Starting with the industry making a positive economic profit, in the long run, ________ and the market price ________. A. the market demand for nail polish decreases; falls B. both the market supply and demand increases; rises; falls C. both the market supply and demand increases; rises D. the market supply of nail polish increases; falls
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