Top Posters
Since Sunday
New Topic  
sinerus sinerus
wrote...
Posts: 892
Rep: 0 0
6 years ago
If the demand for a product in an increasing cost perfectly competitive industry increases, we would expect that price in the long-run would ________ and the number of firms in the market would ________.
A) increase; decrease
B) decrease; increase
C) decrease; decrease
D) increase; increase
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
Read 45 times
1 Reply
Replies
Answer verified by a subject expert
Lightman030Lightman030
wrote...
Top Poster
Posts: 762
6 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

sinerus Author
wrote...

6 years ago
Thanks for your help!!
wrote...

Yesterday
Brilliant
wrote...

2 hours ago
Helped a lot
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1238 People Browsing
Related Images
  
 272
  
 954
  
 841
Your Opinion
Which is the best fuel for late night cramming?
Votes: 145

Previous poll results: What's your favorite coffee beverage?