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Economics 15th Edition by James Gwartney,Richard Stroup,Russell Sobel,David Macpherson
النسخة 15الرقم المعياري الدولي: 978-1285453538Economics 15th Edition by James Gwartney,Richard Stroup,Russell Sobel,David Macpherson
النسخة 15الرقم المعياري الدولي: 978-1285453538 تمرين 11
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 runv
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
a. the short-run market price of the product
b. industry output in the short runv
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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Price takers market is market where a fi...
Economics 15th Edition by James Gwartney,Richard Stroup,Russell Sobel,David Macpherson
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