If the demand curve in a decreasing cost market shifts up and to the right, then:
A)both the short run and long run prices stay the same.
B)both the short run and long run prices increase.
C)the short run price increases and the long run price decreases.
D)both the short run and long run prices decrease.

Question

Quizplus · Accepted Answer

The Answer of If the demand curve in a decreasing cost market shifts up and to the right, then:
A)both the short run and long run prices stay the same.
B)both the short run and long run prices increase.
C)the short run price increases and the long run price decreases.
D)both the short run and long run prices decrease.

If the Demand Curve in a Decreasing Cost Market Shifts