Why would anyone want to enter a profitable industry knowing that profits would eventually be eliminated by

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Why would anyone want to enter a profitable industry knowing that profits would eventually be eliminated by competition?

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Essentials of Economics

ISBN: 978-1259235702

10th edition

Authors: Bradley Schiller, Karen Gebhardt

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Question Posted: Aug 30, 2017 11:50 PM

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Why would anyone want to enter a profitable industry knowing that profits would eventually be eliminated by

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Even though the economic profits are expected to be temp...View the full answer

Essentials of Economics

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