In the long run, firms will enter a perfectly competitive market if the existing firms are making:

Name: In the long run, firms will enter a perfectly competitive market if the existing firms are making:
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Firms will enter a perfectly competitive market if the existing firms are making a profit, as this indicates the potential for new entrants to also make profits. In the long run, this entry of new firms will increase supply, leading to a decrease in prices until firms are making zero economic profit.

In the Long Run, Firms Will Enter a Perfectly Competitive