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ECO 365T Learn: Week 4 Discussion Question

ECO 365T Learn: Week 4 Discussion Question
 

Review the Discussion FAQs Module.

Post your response to the following prompt in the discussion area:

 

 

 

Compare the short run and long run for perfectly competitive firms. How do perfectly competitive firms adapt to market changes in the short run? What can perfectly competitive firms expect in the long run in terms of profits?

You will get a DOC (47KB) file

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