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elbthwtkns01 elbthwtkns01
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4 years ago

Figure 9.6


In Figure 9.6 if price is P2 then the industry will:

▸ cease to exist.

▸ stay the same size.

▸ contract.

▸ expand.
Textbook 
Microeconomics: Principles, Applications, and Tools

Microeconomics: Principles, Applications, and Tools


Edition: 8th
Authors:
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peaceout3000peaceout3000
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4 years ago
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elbthwtkns01 Author
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#2
4 years ago
Thanks
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