Assume that olive oil is produced in a constant- cost, perfectly competitive industry, which is currently in long-run equilibrium. If the current price of olive oil is $5 per quart and the demand for olive oil increases, then the price of olive oil will change in which of the following ways in the short run and long run

He graph of f(x) = |x| is stretched by a factor of 0.3 and translated down 4 units. which statement about the domain and range of each function is correct? the range of the transformed function and the parent function are both all real numbers greater than or equal to 4. the domain of the transformed function is all real numbers and is, therefore, different from that of the parent function. the range of the transformed function is all real numbers greater than or equal to 0 and is, therefore, different from that of the parent function. the domain of the transformed function and the parent function are both all real numbers.