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Luke_A_Somers comments on Why economics is not a morality tale - Less Wrong Discussion

7 Post author: Stuart_Armstrong 04 June 2013 03:20PM

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Comment author: Luke_A_Somers 05 June 2013 09:11:21PM 0 points [-]

if a firm can exit the industry and sell its initial investment at a comparable price to what they bought it for.

Who would want to buy the equipment to get into an industry with zero profit opportunity?

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