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Use the following graphs for a perfectly competitive market in the short run to answer the next question. MC ATC X 0 0 Firm Industry

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Use the following graphs for a perfectly competitive market in the short run to answer the next question. MC ATC X 0 0 Firm Industry The graphs suggest that in the long run, assuming no changes in the given information, Multiple Choice more buyers will come to the market Multiple Choice more buyers will come to the market. buyers will leave the industry some firms will exit from this industry new rms will enter the industry

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