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Other Fields Homework Help Economics Topic started by: stars_and_moon on Jul 20, 2016



Title: If the firms in an industry in pure competition are earning positive profits, firms will ________ th
Post by: stars_and_moon on Jul 20, 2016
If the firms in an industry in pure competition are earning positive profits, firms will ________ the industry causing the market price to ________.
A) leave; increase
B) enter; increase
C) enter; decrease
D) leave; decrease


Title: Re: If the firms in an industry in pure competition are earning positive profits, firms will ...
Post by: kingby on Aug 8, 2016
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Title: Re: If the firms in an industry in pure competition are earning positive profits, firms will ________ th
Post by: stars_and_moon on Aug 17, 2016
I compared your answer with a buddy, and it matches

Thanks


Title: Re: If the firms in an industry in pure competition are earning positive profits, firms will ________ th
Post by: kingby on Aug 18, 2016
I was slightly debating this one, thanks for the feedback