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Ryanteck Ryanteck
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6 years ago
Suppose that the normal rate of return in the inkjet printer industry is 10% and the return being earned by firms in this industry equals exactly 5%. Which of the following is likely to follow from this scenario?
A) New firms will want to enter the industry.
B) The normal rate of return will fall to 5% in the long run.
C) Firms will collude to keep competition out.
D) Firms will want to leave the industry.
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Akshtsaklani21Akshtsaklani21
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6 years ago
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