Question
4:21
lLTE
Work
3-5
3. Suppose a market is in equilibrium. The
area below the demand curve and above
the market price is:
4. Generally,
motivates firms to enter
an industry, while
exit an industry.
motivates firms to
5. If all firms in a perfectly competitive
industry are earning a normal profit, then:

Image Transcription

4:21 lLTE Work 3-5 3. Suppose a market is in equilibrium. The area below the demand curve and above the market price is: 4. Generally, motivates firms to enter an industry, while exit an industry. motivates firms to 5. If all firms in a perfectly competitive industry are earning a normal profit, then:

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