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In a perfectly competitive industry, the existence of positive economic profits induces firms to _______ (enter / exit) an industry, which shifts the market supply curve to the ______ (left / right) and _______ (increases / decreases) the market price.

asked
User Teeeeee
by
7.6k points

1 Answer

4 votes

Answer:

enter and right and left and increase

Step-by-step explanation:

and those are my answer

answered
User AtineoSE
by
8.5k points
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