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If walter's costs are typical in the industry, we would expect that in the long run:
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If walter's costs are typical in the industry, we would expect that in the long run:

User Gustavo Berned
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If Walter's costs are typical in the industry, we would expect that in the long run: there will be new firms that would enter the market for watches and the cost would fall, and every individual firm in the market would deliver less watches.
User Barbie
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