Consider a Perfectly Competitive Market

question 69

Multiple Choice

Consider a perfectly competitive market.In the short run,if demand increases due to a technological advance,the equilibrium price

• A)remains constant and the equilibrium quantity increases.
• B)remains constant and the equilibrium quantity decreases.
• C)rises and the equilibrium quantity increases.
• D)falls and the equilibrium quantity decreases.
• E)rises and the equilibrium quantity remains the same.

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Individuals who possess the ability to effectively communicate and engage with their audience through spoken word.

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The state of being not or no longer needed or useful, often referring to repetitive or unnecessary information or the elimination of jobs in a workforce.

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