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    Economics Study Set 1
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    Exam 9: Competitive Markets
  5. Question
    In the Long Run It Is Not Possible for a Perfectly
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In the Long Run It Is Not Possible for a Perfectly

Question 112

Question 112

Multiple Choice

In the long run it is not possible for a perfectly competitive firm to


A) alter its plant size.
B) adopt new technology.
C) replace its antiquated equipment.
D) adjust its output.
E) set the product price.

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