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Figure 9-22 -The Perfectly Competitive Firm in Figure 9-22 Faces the Same

Question 228

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Figure 9-22
Figure 9-22 -The perfectly competitive firm in Figure 9-22 faces the same costs and demand as other firms in this market.Which of the following will occur in this market? A) Some firms will exit. B) Some firms will enter. C) The number of firms will remain constant. D) Some firms will go bankrupt.
-The perfectly competitive firm in Figure 9-22 faces the same costs and demand as other firms in this market.Which of the following will occur in this market?


A) Some firms will exit.
B) Some firms will enter.
C) The number of firms will remain constant.
D) Some firms will go bankrupt.

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