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If a perfectly competitive industry is in long-run equilibrium, then
Accounts Receivable
Money owed to a company by its customers for goods or services already delivered but not yet paid for.
Inventory
Represents the goods or materials a business holds for the purpose of resale or production.
Interest Expense
The cost incurred by an entity for borrowed funds, which can include the cost of bonds, loans, or lines of credit.
Opportunity Costs
The potential benefits an individual, investor, or business misses out on when choosing one alternative over another.
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