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Business, 31.07.2019 18:30 NerdyJason

Ga firm is operating in the united states with only two other competitors in the industry. a. it is likely this industry would be characterized as: perfectly competitive. monopolistically competitive. pure monopoly. oligopoly. b. firms in this industry will likely earn: a normal profit. an economic loss. an economic profit. c. if foreign firms begin supplying the product, increasing the number of competitors, it is likely that: normal profits will increase. economic profits will increase. economic losses will become smaller. economic profits will fall.

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Ga firm is operating in the united states with only two other competitors in the industry. a. it is...
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