Purely competitive industry x has constant costs and its product is an inferior good. the industry is currently in long-run equilibrium. the economy now goes into a recession and average incomes decline. the result will be.

increase in output, but not in the equilibrium price of the product. 

Explanation:

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An inferior good is a good whose demand increases when income falls and whose demand falls when income rises.

When average income falls, the demand for good X rises. The level of output increases as a result of the rise in demand but price doesn't change.

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drop shippers;

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