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Ryanteck Ryanteck
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Posts: 559
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6 years ago
Industries in which firms are suffering losses are likely to ________ in the long-run.
A) contract
B) expand or contract depending on the normal rate of return
C) neither expand nor contract, as firms must earn an economic profit to stay in business
D) expand
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goldlilysgoldlilys
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6 years ago
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