The Invisible Hand Property 2 suggests that: O profits across competitive industries will be identical. unprofitable industries will grow at the expense of other more profitable industries. O capital and labor can move only within a given industry. profits across competitive industries will be different.
The Invisible Hand Property 2 suggests that: O profits across competitive industries will be identical. unprofitable industries will grow at the expense of other more profitable industries. O capital and labor can move only within a given industry. profits across competitive industries will be different.
Chapter1: Making Economics Decisions
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Problem 1QTC
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Transcribed Image Text:Question 31
The Invisible Hand Property 2 suggests that:
O profits across competitive industries will be identical.
O unprofitable industries will grow at the expense of other more profitable industries.
capital and labor can move only within a given industry.
profits across competitive industries will be different.
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