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In Short Run Equilibrium in a Perfectly Competitive Industry Whose

Question 61

Multiple Choice

In short run equilibrium in a perfectly competitive industry whose firms are earning economic profits, a firm:


A) has no incentive to change its output.
B) has no incentive to change its plant size.
C) has no incentive to expand its factory.
D) has no incentive to leave the industry.
E) has no incentive to do any of the above.

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