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If price is above the average variable cost but below the average total cost of a representative firm in a competitive industry

asked in Economics by
a. There will be new industries blooming over time

b. There will be an interest in the industry over time

c. There will be an exit from the industry over time

d. All of the above

e. None of the above

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answered Oct 22, 2018 by KitKat
 
Best answer

c. There will be an exit from the industry over time

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