cwillis485 cwillis485
  • 18-10-2022
  • Mathematics
contestada

Assume a constant-cost industry in a competitive market. What are the long-term effects of the following change?
An increase in the demand for the good will.
the equilibrium price and
equilibrium quantity in
the goods' market.

a increase; increase

b increase; decrease

c decrease; not change

d not change; increase

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