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28 Sep 2019
An industry is in long-run competitive equilibrium. The price of a substitute good increases. Select one: a. Firms will begin earning economic profit. b. all of the answers are correct. c. The product price will rise. d. New firms will enter the market
An industry is in long-run competitive equilibrium. The price of a substitute good increases. Select one: a. Firms will begin earning economic profit. b. all of the answers are correct. c. The product price will rise. d. New firms will enter the market
Raushan RajLv8
28 Sep 2019