If the Demand Curve in a Decreasing Cost Market Shifts

question 3

Multiple Choice

If the demand curve in a decreasing cost market shifts up and to the right, then:

• A)the long run price decreases and the long run quantity increases.
• B)the long run price and quantity increase.
• C)the long run price stays the same and the long run quantity increases.
• D)the long run price and quantity decrease.

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