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In a perfectly competitive market, what happens in the short run when demand increases? Group of answer choices a. The price of the product rises

In a perfectly competitive market, what happens in the short run when demand increases?

Group of answer choices

a. The price of the product rises temporarily, stimulating producers to increase output to meet the higher demand

b. Producers build new facilities to increase output to meet the additional demand

c. There is a shortage because production cannot expand

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