In an increasing-cost industry,firms can enter and leave in the long run.

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In an increasing-cost industry, as more firms enter, the cost of production increases due to factors such as scarcity of resources. This makes it more difficult for firms to make a profit and may lead to some firms leaving the market in the long run. Additionally, new firms can still enter if they are able to find ways to reduce costs or differentiate their products to remain competitive. Therefore, firms can enter and leave in the long run in an increasing-cost industry.

In an Increasing-Cost Industry,firms Can Enter and Leave in the Long