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



Title: If firms in an industry characterized by pure competition are earning negative profits, in the long
Post by: stars_and_moon on Jul 20, 2016
If firms in an industry characterized by pure competition are earning negative profits, in the long run firms will exit the industry and shift the industry supply curve left (decrease).
A) True
B) False


Title: Re: If firms in an industry characterized by pure competition are earning negative profits, in the ...
Post by: kingby on Aug 8, 2016
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Title: Re: If firms in an industry characterized by pure competition are earning negative profits, in the long
Post by: stars_and_moon on Aug 17, 2016
Incredible!


Title: Re: If firms in an industry characterized by pure competition are earning negative profits, in the long
Post by: kingby on Aug 18, 2016
Yup, vote with confidence!