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4 weeks ago

Figure 9.6


In Figure 9.6 if price is P2 then the industry will:

▸ cease to exist.

▸ stay the same size.

▸ contract.

▸ expand.
Textbook 
Microeconomics: Principles, Applications, and Tools
Edition: 8th
Authors:
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4 weeks ago
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stay the same size.
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4 weeks ago
Thanks
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