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wrote...
Posts: 217
A month ago

Figure 9.6


In Figure 9.6 if price is P1 then the industry will:

▸ stay the same size.

▸ expand.

▸ merge.

▸ contract.
Textbook 

Microeconomics: Principles, Applications, and Tools

Edition: 8th
Authors:
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wrote...
A month ago
contract.
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