A decrease in demand will cause a(n)
a. increase in supply
b. decrease in supply
c. increase in quantity supplied
d. increase in equilibrium price
e. decrease in equilibrium price
E
Economics
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A(n) _____ is an increase in wealth caused by an appreciation of the value of an asset that an individual or corporation owns
a. inflationary gain b. profit c. capital gain d. accelerated appreciation
Economics
A monopolistically competitive firm in short-run equilibrium:
A) will make negative profit (lose money). B) will make zero profit (break-even). C) will make positive profit. D) Any of the above are possible.
Economics