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A perfectly competitive market is initially in long-run competitive equilibrium. Then, market demand falls. By the time all adjustments have been made, price will be

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A perfectly competitive market is initially in long-run competitive equilibrium. Then, market demand falls. By the time all adjustments have been made, price will be its original level if the industry is a(n) costs industry. at constant at: increasing below; constant above; decreasing The United States has 12 geographic-based intermediate appellate circuit courts and then a Federal Circuit Court of Appeals. The Federal Circuit Court of Appeals hears appeals from which of the following? Muliple Choice The Feserat Creut Court of Appenals hears appeals from federal district courts The federal Circut Court of Appeals hears appeas tom intermediate sppellate courts The Federai Ciccuin Count of Appeak nears appeas from government agencies. The Feded Cricuit Covt of Appeals nears appeals from state sipreme couts ance those cases hwve been removed to foderal court

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