A permanent increase in demand ______ economic profit in the short run and some firms will ____
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A permanent increase in demand ______ economic profit in the short run and some firms will ____ in the long run.
A. Does not change; exit the market
B. Increases; enter the market
C. Increases; raise their price
D. Does not change; advertise their good
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B The increase in demand leads ...View the full answer
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