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suppose the demand for personal protective equipment has increased permanently What does that mean for the market for such equipment in the short and long
suppose the demand for personal protective equipment has increased permanently What does that mean for the market for such equipment in the short and long run
a. prices and output will both increase in the short run
b. Prices and output will both increase in the long run
c. prices will increase in the short and long run; output will increase in the short run only
d. Prices and output will not change in the long run
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