The long-run supply curve for a competitive constant-cost industry is:

a. horizontal.
b. vertical.
c. upward-sloping.
d. downward-sloping.

a

Economics

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When demand for a product increases,

A) suppliers change their plans. B) demanders change their plans. C) the price changes. D) all of the above occur. E) none of the above occur.

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What does the demand curve for money look like? Why?

What will be an ideal response?

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