(Solution) If other firms see economic profits in the industry, they will enter it, and the demand curve for firms already in the industry will shift to the > Snapessays.com
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(Solution) If other firms see economic profits in the industry, they will enter it, and the demand curve for firms already in the industry will shift to the


If other firms see economic profits in the industry, they will enter it, and the demand curve for firms already in the industry will shift to the ________ ; in the long run, this will result in economic profit _______ and price _______ . A.right; = 0; = ATC; = minimum ATC  B.right; > 0; > ATC  C.left;

 

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This question was answered on: Sep 21, 2023

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