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In Competitive Price-Searcher Markets, Short-Run Economic Losses Will Lead to

Question 143

Multiple Choice

In competitive price-searcher markets, short-run economic losses will lead to


A) long-run economic losses.
B) the exit of firms from the market and the eventual restoration of zero long-run economic profits.
C) the entry of new firms into the market as old firms fail.
D) the entry of additional firms into the market, causing each firm to experience an increase in demand for its product.

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