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Other Fields Homework Help Economics Topic started by: Loraine on Jun 21, 2015



Title: A market is initially in a long-run equilibrium and there is a permanent increase in demand. After t
Post by: Loraine on Jun 21, 2015
A market is initially in a long-run equilibrium and there is a permanent increase in demand. After the new long-run equilibrium is reached, there
A) are more firms in the market.
B) are fewer firms in the market.
C) are the same number of firms in the market.
D) probably is a different number of firms in the market, but more information is needed to determine if the number of firms rises, falls, or perhaps does not change.
E) is no change in the market.


Title: Re: A market is initially in a long-run equilibrium and there is a permanent increase in demand. Aft
Post by: Smoooth on Jul 27, 2015
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Title: Re: A market is initially in a long-run equilibrium and there is a permanent increase in demand. After t
Post by: Smoooth on Aug 31, 2015
You're welcome :-]