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In the Long Run, Perfectly Competitive Firms Earn Zero Economic

Question 266

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In the long run, perfectly competitive firms earn zero economic profit.Why do firms enter an industry when they know that in the long-run they will not earn any profit?

In the long run, perfectly competitive firms earn zero economic profit.Why do firms enter an industry when they know that in the long-run they will not earn any profit?

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Even though in the long run firms earn z...

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