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Home Q & A Board Other Fields Homework Help Business Economics
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thanhha78 thanhha78
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6 years ago
A perfectly competitive industry is in long-run equilibrium. If demand for the product increases, we can expect
A) firms to exit the market.
B) no change in the number of firms in the market.
C) firms to enter the market.
D) Not enough information to tell what will happen to the number of firms in the market.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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Lightman030Lightman030
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6 years ago
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thanhha78 Author
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6 years ago
Helped a lot
brina10
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Yesterday
Good timing, thanks!
husne
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2 hours ago
Just got PERFECT on my quiz
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