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Home Q & A Board Other Fields Homework Help Business Economics
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sweetapple718 sweetapple718
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6 months ago

A perfectly competitive market is initially in long-run competitive equilibrium. Then, market demand increases. As a result,



▸

the marginal revenue curve for each firm shifts upward.



▸

the demand curve for each firm shifts upward.



▸

marginal cost for each firm falls.



▸

average total cost for each firm rises.



▸

a and b

Textbook 
Economics

Economics


Edition: 12th
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daoneandonly300daoneandonly300
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sweetapple718 Author
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6 months ago
This helped my grade so much Perfect
homework1
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Smart ... Thanks!
wyq2651
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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