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Mandolina Mandolina
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6 years ago
If firms in a purely competitive industry are incurring short-run losses, the long-run adjustment process will involve the industry supply curve shifting to the right.
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Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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hecosmetichecosmetic
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6 years ago
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Mandolina Author
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6 years ago
Makes a ton of sense now Smiling Face with Open Mouth
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