If firms in a perfectly competitive market want to produce more output, is the market in long-run

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If firms in a perfectly competitive market want to produce more output, is the market in long-run equilibrium?

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Microeconomics

ISBN: 9781337617406

13th Edition

Authors: Roger A Arnold

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Question Posted: Apr 05, 2024 05:00 AM

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If firms in a perfectly competitive market want to produce more output, is the market in long-run

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No The market is in longrun competitive equilibrium ...View the full answer

Microeconomics

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