8 Suppose you read in a business magazine that computer firms are reaping high profits. With the...

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8 Suppose you read in a business magazine that computer firms are reaping high profits. With the theory of perfect competition in mind, what do you expect to happen over time to the following: computer prices, the profits of computer firms, the number of computers on the market, the number of computer firms?

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Microeconomics

ISBN: 9780324785494

9th Edition

Authors: Roger A. Arnold

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