Business, 26.07.2019 05:20, alexandergonzalez38
Suppose that the market for candy canes operates under conditions of perfect competition, that it is initially in long-run equilibrium, and that the price of each candy cane is $0.10. now suppose that the price of sugar rises, increasing the marginal and average total cost of producing candy canes by $0.05; there are no other changes in production costs. based on the information given, we can conclude that in the long run we will observe:
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Business, 02.07.2019 06:10, pi667422
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Suppose that the market for candy canes operates under conditions of perfect competition, that it is...
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