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Title: Assume there is a decrease in the supply of a product produced in a perfectly competitive market. ... Post by: hiusy98 on Jan 23, 2017 Assume there is a decrease in the supply of a product produced in a perfectly competitive market. All else constant, in the short run this will cause the profits of firms that produce substitutes for the good in question to increase.
Is this statement true or false, please advise Title: Re: Assume there is a decrease in the supply of a product produced in a perfectly competitive ... Post by: sofresh on Jan 23, 2017 Content hidden
Title: Re: Assume there is a decrease in the supply of a product produced in a perfectly competitive market. ... Post by: hiusy98 on Mar 27, 2017 Needed these to complete my project
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