Solved: How do perfectly competitive firms adapt to market changes, Macroeconomics

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How do perfectly competitive firms adapt to market changes

Discusion Post: Macroeconomics

Compare ?the short run and long run for perfectly competitive firms. How do perfectly competitive firms adapt to market changes in the short run? What can perfectly competitive firms expect in the long run in terms of profits?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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