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In the Long Run,the Number of Producers in an Industry

Question 105

Multiple Choice

In the long run,the number of producers in an industry may change.If the number of farmers growing soybeans increases,ceteris paribus,then


A) the supply curve of soybeans will shift inward to the left.
B) the demand curve of soybeans will shift inward to the left.
C) the demand curve of soybeans will shift outward to the right.
D) the supply curve of soybeans will shift outward to the right.

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