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FIGURE 4-3 -Refer to Figure 4-3.The Diagram Shows a Rightward Shift in Shift

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  FIGURE 4-3 -Refer to Figure 4-3.The diagram shows a rightward shift in the demand curve for some good,and the short-run and long-run supply curves (S<sub>S</sub> and S<sub>L</sub>,respectively) .In the new short-run equilibrium after the increase in demand,producers' revenue A) is unambiguously lower than in the long-run equilibrium at E<sub>L</sub>. B) could be higher or lower than at E<sub>0</sub>,depending on the short-run elasticity of supply. C) is unambiguously higher than at E<sub>0</sub>. D) is unambiguously lower than at E<sub>0</sub>. E) is unambiguously higher than at E<sub>L</sub>. FIGURE 4-3
-Refer to Figure 4-3.The diagram shows a rightward shift in the demand curve for some good,and the short-run and long-run supply curves (SS and SL,respectively) .In the new short-run equilibrium after the increase in demand,producers' revenue

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