Economics
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According to the graphs below, the industry supply curve will  ______and the  equilibrium price will most likely _________ in the long run? *
In long-run equilibrium, economic profits in a perfectly competitive industry are: *
Refer to the figure below. Which price-quantity combination represents long-run equilibrium for this perfectly competitive firm? *
The perfectly competitive industry demand curve is __________ and the demand curve for a perfectly competitive firm is _______ *
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