Only answer if you are 100% sure 36. If firms in a competitiveprice-searcher mar

Question

Only answer if you are 100% sure 36.   If firms in a competitiveprice-searcher market are currently earning economic losses, thenin the long run A.   new firms will enter the market, andthe current firms will experience a decrease in demand for theirproducts until zero economic profit is again restored. B.   new firms will enter the market, andthe current firms will experience an increase in demand for theirproducts until zero economic profit is again restored. C.   some existing firms will exit themarket, and the remaining firms will experience an increase indemand for their products until zero economic profit is againrestored. D.   some existing firms will exit themarket, and the remaining firms will experience a decrease indemand for their products until zero economic profit is againrestored Only answer if you are 100% sure 36.   If firms in a competitiveprice-searcher market are currently earning economic losses, thenin the long run 36.   If firms in a competitiveprice-searcher market are currently earning economic losses, thenin the long run

Explanation / Answer

some existing firmswill exit the market, and the remaining firms will experience anincrease in demand for their products until zero economic profit isagain restored.

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