Business, 25.05.2021 18:10, fatherbamboo
A competitive market is in long-run equilibrium. If demand decreases, we can be certain that price will A. fall in the short run. No firms will shut down, but some of them will exit the industry. Price will then rise to reach the new long-run equilibrium. B. not fall in the short run because firms will exit to maintain the price. C. fall in the short run. All, some, or no firms will shut down, and some of them will exit the industry. Price will then rise to reach the new long-run equilibrium. D. fall in the short run. All firms will shut down, and some of them will exit the industry. Price will then rise to reach the new long-run equilibrium.
Answers: 2
Business, 22.06.2019 15:30, barstr9146
Brenda wants a new car that will be dependable transportation and look good. she wants to satisfy both functional and psychological needs. true or false
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Business, 23.06.2019 10:30, ruchierosanp1n3qw
Suggested retail price of $13,760, destination charge of $475, equipped with ac, cruise control, and a custom sound system for $800, $235, and $510, respectively. the sticker price for a vehicle with the these features and costs is
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A competitive market is in long-run equilibrium. If demand decreases, we can be certain that price w...
Mathematics, 30.01.2020 08:57
Mathematics, 30.01.2020 08:57