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stars_and_moon stars_and_moon
wrote...
Posts: 3218
8 years ago
A perfect competition industry is increasing cost.  If the demand curve for the industry shifts in (decreases), the price of scarce inputs used to produce the good will
A) stay the same.
B) increase at first but then decrease.
C) increase.
D) decrease.
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kingbykingby
wrote...
Top Poster
Posts: 3218
8 years ago
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wrote...
8 years ago
Incredible!
wrote...
8 years ago
I instantly knew the answer when I read the question, happy to help
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