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Title: Industry Y is a perfectly competitive industry. Assume that as a result of changes in other markets ... Post by: hiusy98 on Jan 23, 2017 Industry Y is a perfectly competitive industry. Assume that as a result of changes in other markets there is a twenty percent increase in the price of variable inputs used by firms in industry Y. After all adjustments have taken place, we would expect the equilibrium price in industry Y to:
A) decrease and the number of firms to increase. B) decrease and the number of firms to decrease. C) increase and the number of firms to increase. D) increase and the number of firms to decrease. Title: Re: Industry Y is a perfectly competitive industry. Assume that as a result of changes in other ... Post by: toogoo on Jan 23, 2017 Content hidden
Title: Re: Industry Y is a perfectly competitive industry. Assume that as a result of changes in other markets ... Post by: hiusy98 on Mar 27, 2017 Needed these to complete my project
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