RE: 25-03-2024 - Economy - Profit [EN]-[IT]
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There must have been so much effort you are putting in daily to make sure we understand this your lecture
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You are viewing a single comment's thread:
There must have been so much effort you are putting in daily to make sure we understand this your lecture
Hi @precab , Sometimes when I reread what I write it seems to me that it could be even clearer. With time I believe I can get better and better at being clearer and clearer. In this article I describe the long-run supply curve. We can summarize this like this.
If companies already present in the market achieve positive profits, other companies will be interested in entering.
The entry of new companies increases the quantity produced, decreasing the price and therefore profits.