subject
Business, 14.04.2020 22:30 122333444469

Assume a constant-cost industry that is initially in long-run competitive equilibrium. An increase in demand will cause a(n) in prices and profits, and as a result, firms will the industry, causing the market supply curve to shift , which, in turn, will eventually cause the equilibrium price to be before.

a. decrease; exit; leftward; lower than
b. increase; enter; rightward; higher than
c. decrease; exit; rightward; higher than
d. increase; enter; rightward; the same as
e. increase; exit; leftward; lower than

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 07:30
When the national economy goes from bad to better, market research shows changes in the sales at various types of restaurants. projected 2011 sales at quick-service restaurants are $164.8 billion, which was 3% better than in 2010. projected 2011 sales at full-service restaurants are $184.2 billion, which was 1.2% better than in 2010. how will the dollar growth in quick-service restaurants sales compared to the dollar growth for full-service places?
Answers: 2
question
Business, 22.06.2019 14:30
Which of the following is an example of a positive externality? a. promoting generic drugs would benefit people. b. a lower inflation rate would benefit most consumers. c. compulsory flu shots for all students prevents the spread of illness in the general public. d. singapore has adopted a comprehensive savings plan for all workers known as the central provident fund.
Answers: 1
question
Business, 22.06.2019 20:00
Question 6 of 102 pointswhich situation shows a constant rate of change? oa. the number of tickets sold compared with the number of minutesbefore a football gameob. the height of a bird over timeoc. the cost of a bunch of grapes compared with its weightod. the outside temperature compared with the time of day
Answers: 1
question
Business, 23.06.2019 01:30
You need $87,000 in 12 years. required: if you can earn .54 percent per month, how much will you have to deposit today?
Answers: 2
You know the right answer?
Assume a constant-cost industry that is initially in long-run competitive equilibrium. An increase i...
Questions
question
Biology, 07.12.2020 21:50
question
English, 07.12.2020 21:50
question
Mathematics, 07.12.2020 21:50
question
English, 07.12.2020 21:50
Questions on the website: 13722359