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-In Figure 5

Question 56

Multiple Choice

-In Figure 5.7, assuming perfect competition and at MR<sub>3</sub> there will be A) short run pressure on the price to rise. B) long run pressure on the price to rise. C) no pressure on the price to change. D) short and long run pressure on the price to rise.
-In Figure 5.7, assuming perfect competition and at MR3 there will be


A) short run pressure on the price to rise.
B) long run pressure on the price to rise.
C) no pressure on the price to change.
D) short and long run pressure on the price to rise.

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