Title: A perfectly competitive market is initially in long-run competitive equilibrium. Then, market demand ... Post by: ejoty on Oct 1, 2023 A perfectly competitive market is initially in long-run competitive equilibrium. Then, market demand falls. By the time all adjustments have been made, price will be __________ its original level if the industry is a(n) __________ costs industry. ▸ above; decreasing ▸ at; constant ▸ at; increasing ▸ below; increasing ▸ a and d Title: Re: A perfectly competitive market is initially in long-run competitive equilibrium. Then, market demand ... Post by: brassgod on Oct 1, 2023 Content hidden
|