Business
Business, 11.01.2020 01:31, 1020lakyn

Which of the following forces does not play a major part in the adjustments of a industry toward its long-run equilibrium?

1. profits/losses making firms enter or exit the industry
2. firms expanding or shrinking their productive capacity
3. introduction of new products and patents
4. shifts in the demand curves of individual firms as the industry expands or contracts

answer
Answers: 1

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Which of the following forces does not play a major part in the adjustments of a industry toward it...

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