Question: How does free entry and exit impact long - run equilibrium in a competitive market? It drives profits to zero in the long run. It

How does free entry and exit impact long-run equilibrium in a competitive market?
It drives profits to zero in the long run.
It allows firms to maintain long-term economic profits.
It creates monopolies in the long run.
It prevents new firms from entering the market.
How does free entry and exit impact long - run

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