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Suppose a price taker market has been at equilibrium until an increase in demand increases the market price. In the future, ceteris paribus, we should
Suppose a price taker market has been at equilibrium until an increase in demand increases the market price. In the future, ceteris paribus, we should expect to see a. the price stay at the higher level b. the price goes even higher c. the price fall d. costs increase e. costs decline
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Business Mathematics In Canada
Authors: Ernest Jerome
7th edition
978-0071091411, 71091416, 978-0070009899
