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Narrbegin Exhibit 7.7

Question 55

Multiple Choice

Narrbegin Exhibit 7.7 Narrbegin Exhibit 7.7 -According to Exhibit 7.7, given the short-run equilibrium of this firm, we would expect in the long run: A) the market supply curve to shift to the left. B) the price to increase. C) firms to exit the industry. D) new firms to enter the industry.
-According to Exhibit 7.7, given the short-run equilibrium of this firm, we would expect in the long run:


A) the market supply curve to shift to the left.
B) the price to increase.
C) firms to exit the industry.
D) new firms to enter the industry.

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