amanraj601 amanraj601
  • 10-04-2024
  • Business
contestada

If firms in a perfectly competitive industry are experiencing economic losses, _____ will occur in the long run, which will cause industry supply to _____ and market price to _____.

A) entry; increase; decrease
B) exit; decrease; decrease
C) exit; increase; decrease
D) exit; decrease; increase

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