In the long run when a perfectly competitive firm


In the long run when a perfectly competitive firm experiences positive economic profits, Select one: a. firms enter the industry, the market supply curve shifts rightward, and the market price rises. b. firms exit the industry, the market supply curve shifts leftward, and the market price rises. c. firms exit the industry, the market supply curve shifts rightward, and the market price falls. d. firms enter the industry, the market supply curve shifts rightward, and the market price falls.

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Financial Management: In the long run when a perfectly competitive firm
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