If the fringe supply curve shifts leftward in the dominant firm model, then the resulting market equilibrium price is ________ and the dominant firm's quantity ________
A) lower, decreases
B) lower, increases
C) higher, decreases
D) higher, increases
D
Economics
You might also like to view...
Cortez was one of the leading explorers from _____
a. England b. France c. Holland d. Portugal e. Spain
Economics
(Consider This) The main idea highlighted in the story about artist Pablo Picasso is:
A. derived demand. B. human capital. C. opportunity cost. D. occupational licensure.
Economics