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Business, 20.06.2019 18:02, TheViperMlg23676
The number of people in the united states who overdose on heroin is greater than the number who overdose on any other type of opioid, including hydrocodone, oxycodone, and methadone
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Business, 22.06.2019 21:10, dooboose15
Which of the following statements is (are) true? i. free entry to a perfectly competitive industry results in the industry's firms earning zero economic profit in the long run, except for the most efficient producers, who may earn economic rent. ii. in a perfectly competitive market, long-run equilibrium is characterized by lmc < p < latc. iii. if a competitive industry is in long-run equilibrium, a decrease in demand causes firms to earn negative profit because the market price will fall below average total cost.
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