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    Microeconomics Study Set 45
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    Exam 11: Pure Competition in the Long Run
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    Is There a Specific Amount of Time That Distinguishes the Long
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Is There a Specific Amount of Time That Distinguishes the Long

Question 8

Question 8

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Is there a specific amount of time that distinguishes the long run from the short run? Is the amount of time important? Explain.

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No, the length of time constituting the ...

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