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Suppose that some firms in a perfectly competitive industry earn negative economic profits.In the long run, the:
A.industry supply curve will not shift.
B.industry supply curve will shift to the left.
C.number of firms in the industry will not change.
D.number of firms in the industry will increase.
Previous Experience
Refers to past events or knowledge that an individual has acquired, which can influence their current behavior and understanding.
Inoculation
A preventive strategy, often in the form of a vaccine, to protect against infectious diseases.
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Medical procedures and treatments involving the teeth and gums, including fillings, extractions, cleanings, and orthodontics.
Stress
A physical or psychological response to external stimuli that are perceived as challenging or threatening to an individual's well-being.
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