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Rken Rken
wrote...
Posts: 403
Rep: 3 0
7 years ago
Industries in which firms are enjoying positive profits are likely to ________ in the long-run.
A) expand or contract depending on the normal rate of return
B) expand
C) neither expand nor contract, as firms must earn an economic profit to stay in business
D) contract
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goldlilysgoldlilys
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Posts: 704
7 years ago
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Rken Author
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7 years ago
Thanks
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