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Title: Assume goods X and Y are complements and are produced in perfectly competitive markets. All else ... Post by: insherro on Jan 23, 2017 Assume goods X and Y are complements and are produced in perfectly competitive markets. All else constant, an increase in demand for good X would cause:
A) a decrease in the number of firms that produce good X. B) an increase in the number of firms that produce good Y. C) a decrease in the number of firms that produce good Y. D) no effect on the number of firms that produce either good. Title: Re: Assume goods X and Y are complements and are produced in perfectly competitive markets. All else ... Post by: toogoo on Jan 23, 2017 Content hidden
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