In a competitive industry
A) the industry has high barriers to entry
B) the industry has high barriers to exit
C) the industry has high barriers to entry and exit
D) the industry has no barriers to entry or exit
Correct Answer:
Verified
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Q19: A sudden fall in the market demand
Q20: A sudden increase in the market demand
Q21: According to the indifference principle,in the long
Q23: In the long run,in a competitive industry
A)economic
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