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Business, 19.07.2019 16:20 marialuis9115

Suppose the market for corn is a purely competitive, constant-cost industry that is in long-run equilibrium. now assume that an increase in consumer demand occurs. after all resulting adjustments have been completed, the new equilibrium price will be

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Suppose the market for corn is a purely competitive, constant-cost industry that is in long-run equi...
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