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Title: In the long run when a perfectly competitive firm experiences negative economic profits Post by: meikunn2565 on Mar 3, 2019 In the long run when a perfectly competitive firm experiences negative economic profits
• firms exit the industry, the market supply curve shifts leftward, and the market price rises. • firms enter the industry, the market supply curve shifts rightward, and the market price falls. • firms enter the industry, the market supply curve shifts rightward, and the market price rises. • firms exit the industry, the market supply curve shifts rightward, and the market price falls. Title: In the long run when a perfectly competitive firm experiences negative economic profits Post by: sadeen on Mar 3, 2019 Content hidden
Title: In the long run when a perfectly competitive firm experiences negative economic profits Post by: meikunn2565 on Mar 3, 2019 Thanks
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