Top Posters
Since Sunday
9
a
2
o
2
g
1
1
New Topic  
thanhha78 thanhha78
wrote...
Posts: 1645
Rep: 0 0
7 years ago
A perfectly competitive industry is in long-run equilibrium. If demand for the product decreases, 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:
Read 85 times
2 Replies
Replies
Answer verified by a subject expert
tristiontristion
wrote...
Top Poster
Posts: 717
Rep: 6 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

thanhha78 Author
wrote...
7 years ago
can't thank you enough for this, appreciate it a lot
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  241 People Browsing
Show Emoticons
:):(;):P:D:|:O:?:nerd:8o:glasses::-):-(:-*O:-D>:-D:o):idea::important::help::error::warning::favorite:
Related Images
  
 390
  
 484
  
 352
Your Opinion
Which country would you like to visit for its food?
Votes: 895