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Business, 25.12.2021 09:20 triggercell

In perfect competition, if the market price of the product is initially higher than the minimum average total cost faced by the firms, then rev: 06_26_2018 Multiple Choice some firms will exit the industry and the industry supply will increase. other firms will enter the industry and the industry supply will decrease. other firms will enter the industry and the industry supply will increase. some firms will exit the industry and the industry supply will decrease.

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