sydneybigelow815 sydneybigelow815
  • 03-06-2021
  • Business
contestada

Demand increases in an increasing-cost industry that is initially in long-run competitive equilibrium. After full adjustment, price will be

Respuesta :

topeadeniran2 topeadeniran2
  • 04-06-2021

Answer: above its original value

Explanation:

An increasing-cost industry simply means the industries whereby there's a rise in the average costs when the output increases.

Demand increases in an increasing-cost industry which is in long-run competitive equilibrium. After full adjustment, price will be above its original value.

Answer Link

Otras preguntas

Which religions began in the same area? (Hint:there are two different pairs)
The radius of a circle is 12 cm. Find its area in terms of pie. ​
Check all of the values that have two significant figures. O A. 64007 OB. 7.8 O C. 0.0074 O D. 54 I NEED THE ANSWER SUPER FAST PLS
Help me fast pleaseeee
help please i need 12 events that happened between 1100-1519 (Aztecs)
Click this link to visit the O*NET page for the Athletic Trainers career. Scroll to the Wages & Employment link. According to O*NET, what is the projected g
ILL MAKE YOU BRAINLIEST!These sentences are in a passive voice, rewrite them into active.1- It was learned from the test that our son was reading on the second-
Whats the slope form?
Explain your answer !! Have a nice day Will give braisnlt
-x - 3y= -7 please help me solve