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Assume That All Firms in This Industry Have Identical Cost

question 19

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Assume that all firms in this industry have identical cost curves, and that the market is perfectly competitive. Assume that all firms in this industry have identical cost curves, and that the market is perfectly competitive.   In the long run, there will be ______ firms in this market. A) 10 B) 15 C) 25 D) 50 In the long run, there will be ______ firms in this market.


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