Exhibit 23-9 -Refer to Exhibit 23-9.Suppose That the Market Starts at Its

Exhibit 23-9

-Refer to Exhibit 23-9.Suppose that the market starts at its long-run competitive equilibrium (P₁,Q₁) ,and that demand increases from D₁ to D₂.As a consequence,the typical profit-maximizing firm will

A) increase quantity produced by (q₂ - q₁) .
B) decrease quantity produced by (q₂ - q₁) .
C) decrease quantity produced by (q₁ - q₃) .
D) not change its output level because the demand curve it is facing did not change.