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Industries in which firms ________ are likely to expand in the long-run.

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Industries in which firms ________ are likely to expand in the long-run.

Question 1.

Industries in which firms ________ are likely to contract in the long-run.

▸ have positive profits

▸ suffer losses

▸ break even

▸ have no competition

Question 2.

Industries in which firms ________ are likely to expand in the long-run.

▸ have positive profits

▸ suffer losses

▸ break even

▸ shut down in the short run

Textbook

Principles of Economics

Edition: 12^th

Authors: Case, Fair, Oster

Read 75 times

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Nica Author

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