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Rama09 [41]
3 years ago
10

18. A constant-cost, perfectly competitive widget industry is in long-run equilibrium. A decrease in the

History
1 answer:
Alenkinab [10]3 years ago
8 0

Answer:

A. an increase in the demand for widgets, followed by a decrease in the supply of widgets

Explanation:

This obeys the laws of demand and supply. As price reduces, demand increases and supply reduces.

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