In a perfectly competitive industry,if the buyers expect the price to rise in the future economic profits will increase.

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In a perfectly competitive industry, if buyers expect the price to rise in the future, they will increase their current demand in anticipation of higher prices in the future. This will lead to an increase in the quantity demanded, which will in turn lead to an increase in the market price. As a result, economic profits will increase.

In a Perfectly Competitive Industry,if the Buyers Expect the Price