Ifpricesfallinaperfectly competitive industry,then the firmsin that industry will in the short run A: not decrease in number unless price falls below ATC for some firms. B: trytoreduceproductionorshutdown. C: keepoutputatthesamelevelbut makelosses. D: advertise.
Ifpricesfallinaperfectly competitive industry,then the firmsin that industry will in the short run A: not decrease in number unless price falls below ATC for some firms. B: trytoreduceproductionorshutdown. C: keepoutputatthesamelevelbut makelosses. D: advertise.
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