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book Economics 15th Edition by James Gwartney,Richard Stroup,Russell Sobel,David Macpherson cover

Economics 15th Edition by James Gwartney,Richard Stroup,Russell Sobel,David Macpherson

Edition 15ISBN: 978-1285453538
book Economics 15th Edition by James Gwartney,Richard Stroup,Russell Sobel,David Macpherson cover

Economics 15th Edition by James Gwartney,Richard Stroup,Russell Sobel,David Macpherson

Edition 15ISBN: 978-1285453538
Exercise 8
If the firms in a price-taker market are making short-run profits, what will happen to the market price in the long run? Explain.
Explanation
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Economics 15th Edition by James Gwartney,Richard Stroup,Russell Sobel,David Macpherson
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