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Figure 13-14

question 432

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Figure 13-14 Figure 13-14     -Refer to Figure 13-14.Assume that the market starts in equilibrium at point A in panel (b) .An increase in demand from D0 to D1 will result in A)  a new market equilibrium at point D. B)  an eventual increase in the number of firms in the market and a new long-run equilibrium at point C. C)  rising prices and falling profits for existing firms in the market. D)  falling prices and falling profits for existing firms in the market. Figure 13-14     -Refer to Figure 13-14.Assume that the market starts in equilibrium at point A in panel (b) .An increase in demand from D0 to D1 will result in A)  a new market equilibrium at point D. B)  an eventual increase in the number of firms in the market and a new long-run equilibrium at point C. C)  rising prices and falling profits for existing firms in the market. D)  falling prices and falling profits for existing firms in the market.
-Refer to Figure 13-14.Assume that the market starts in equilibrium at point A in panel (b) .An increase in demand from D0 to D1 will result in

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