Solved: Number of competitors on prices in the long run, Microeconomics

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Number of competitors on prices in the long run

Question: Based on the computer industry what are the positive and negative effects of either a sudden increase or decrease in the number of competitors on prices in the long run.

What would you recommend as a course of action, if any, and how would price moves from today to the future?

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Microeconomics: Number of competitors on prices in the long run

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