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thanhha78 thanhha78
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Suppose that a monopolistically competitive market is in its long-run equilibrium. If the market demand curve shifts to the right due to changes in consumer preferences,
A) firms will earn positive economic profits in the short-run.
B) firms' average costs of production will increase as they increase output levels in the short-run.
C) the number of firms in the market will increase in the short-run.
D) none of the above
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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thanhha78 Author
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6 years ago
thnkkkkk .. always right
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