Recall the Application about the price and supply of blueberries to answer the following question(s) .
-According to the Application, the supply of blueberries in the short run is ________, so an increase in demand causes the price to ________.
A) flexible; rise
B) flexible; fall
C) inflexible; rise
D) inflexible; fall
Correct Answer:
Verified
Q183: Q184: Q185: Q187: If perfectly competitive firms are earning positive Q189: Recall the Application about the price and Q190: It is possible that a firm in Q191: An increase in demand will lead to Q192: An increase in demand will induce entry Q193: One difference between the short run and Q195: Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents![]()
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