Question: In the space below, for the long-run industry equilibrium model studied in this class, explain why it is a good idea to pretend that an

In the space below, for the long-run industry equilibrium model studied in this class, explain why it is a good idea to pretend that an industry is allowed to have a fractional number of firms (e.g., 19.52 firms). What is the benefit of this seeming loss of realism? Explain.

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