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The Figure Given Below Shows the Aggregate Demand and Supply

Question 66

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The figure given below shows the aggregate demand and supply curves of a perfectly competitive market.Figure 10.7
The figure given below shows the aggregate demand and supply curves of a perfectly competitive market.Figure 10.7    -In long-run equilibrium in perfect competition, the entry and exit of firms will drive economic profits to zero.
-In long-run equilibrium in perfect competition, the entry and exit of firms will drive economic profits to zero.

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