question archive Under what conditions would an increase in market demand lead to the same long-run equilibrium price? a
Under what conditions would an increase in market demand lead to the same long-run equilibrium price? a
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Under what conditions would an increase in market demand lead to the same long-run equilibrium price?
a. The firms in the market are part of a decreasing-cost industry.
b. The firms in the market are part of increasing-cost industry.
c. Potential new firms in the market are not attracted by economic profits.
d. The firms in the market are part of a constant-cost industry.
Option 1
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