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Question: what will likely happen to firms in this industry in...

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What will likely happen to firms in this industry in the long run? What will be the long-run price of output sold in this market in the long run? Explain how you know what will happen to prices and firms in the long run. 2 2 9 . 8 MC ATC AVC 23 MR 0 14 17 19 Quantity (units)

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