In a perfectly competitive market, in the long run a permanent decrease in the market demand results in a smaller number of firms
Indicate whether the statement is true or false
TRUE
Economics
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Which of the following shifts the demand for money curve?
i. change in the nominal interest rate ii. change in real GDP iii. change in the price level A) i only B) ii only C) iii only D) ii and iii E) i, ii, and iii
Economics
What does a productivity curve reflect? What leads to movements along a productivity curve and what leads to shifts in a productivity curve?
What will be an ideal response?
Economics