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stars_and_moon stars_and_moon
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Posts: 3218
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7 years ago
A perfect competition industry is decreasing cost.  If the demand curve for the industry shifts in (decreases), which of the following will not happen?
A) industry supply shifts in
B) the price of the good increases
C) the quantity of the good decreases
D) firm's average cost curve shifts down
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kingbykingby
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#1
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7 years ago
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#2
7 years ago
Perfectly answered Smiling Face with Open Mouth

Cheers
wrote...
#3
7 years ago
I was slightly debating this one, thanks for the feedback
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