In a perfectly competitive market that is in long-run equilibrium, a rightward shift in the market demand curve results in
A) the price falling in the short run.
B) the firms' economic profits falling in the short run.
C) firms leaving the industry in the long run.
D) none of the events listed above.
D
Economics
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You are given the following risky cash flows and certainty equivalent factors for a four-year project:
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Does the restoration of historic buildings create a positive externality or does it create a negative externality?
Economics