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    Essentials of Economics Study Set 4
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    Exam 6: Competition
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    In a Competitive Market,in the Long Run,economic Profits Will Cause
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In a Competitive Market,in the Long Run,economic Profits Will Cause

Question 135

Question 135

Multiple Choice

In a competitive market,in the long run,economic profits will cause:


A) New firms to enter the market.
B) Existing firms to leave the market.
C) Supply to decrease.
D) Demand to decrease.

Correct Answer:

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