Refer to Figure 23.4.In the long run,which of the following would not be expected?
A)A decrease in market supply.
B)An increase in total revenue for the remaining firms.
C)An increase in output for the remaining firms.
D)A decrease in MR for the remaining firms.

Question

Refer to Figure 23.4.In the long run,which of the following would not be expected?
A)A decrease in market supply. 
B)An increase in total revenue for the remaining firms. 
C)An increase in output for the remaining firms. 
D)A decrease in MR for the remaining firms.

Quizplus · Accepted Answer

The Answer of  Refer to Figure 23.4.In the long run,which of the following would not be expected?
A)A decrease in market supply. 
B)An increase in total revenue for the remaining firms. 
C)An increase in output for the remaining firms. 
D)A decrease in MR for the remaining firms.