Question

17 - While there was an equilibrium in the perfect competition market, which of the following statements is true for the new equilibrium point when an increase in demand occurs? a) F ↓, ↓ MA B) F ↑, ↓ MA C.) F does not change, M ↑ D) F ↓, MA ↑ E) F ↑, ↑ M

Answer 1

Answer:

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Explanation:

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