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book Microeconomics 13th Edition by Russell Sobel, David Macpherson, Richard Stroup, James Gwartney cover

Microeconomics 13th Edition by Russell Sobel, David Macpherson, Richard Stroup, James Gwartney

النسخة 13الرقم المعياري الدولي: 978-0538452281
book Microeconomics 13th Edition by Russell Sobel, David Macpherson, Richard Stroup, James Gwartney cover

Microeconomics 13th Edition by Russell Sobel, David Macpherson, Richard Stroup, James Gwartney

النسخة 13الرقم المعياري الدولي: 978-0538452281
تمرين 5
*If coffee suppliers are price takers, how will an unanticipated increase in demand for their product affect each of the following, in a market that was initially in long-run equilibrium?
a. the short-run market price of the product
b. industry output in the short run
c. profitability in the short run
d. the long-run market price in the industry
e. industry output in the long run
f. profitability in the long run
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Microeconomics 13th Edition by Russell Sobel, David Macpherson, Richard Stroup, James Gwartney
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