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12 Oct 2018
6. We are now in a new short-run situation with 400 firms in the industry and the same cost curves described at the beginning of this set of questions. Now, imagine that the industry demand curve falls to P = 246 - 0250. When the industry settles down into a new short-run equilibrium, what will be the new equilibrium price? A) $ 0 B ) $126 C) $136 D) $141 E) $144 F) $146 G) $147H ) $1481 ) $156 J) none of the above
6. We are now in a new short-run situation with 400 firms in the industry and the same cost curves described at the beginning of this set of questions. Now, imagine that the industry demand curve falls to P = 246 - 0250. When the industry settles down into a new short-run equilibrium, what will be the new equilibrium price? A) $ 0 B ) $126 C) $136 D) $141 E) $144 F) $146 G) $147H ) $1481 ) $156 J) none of the above
Collen VonLv2
14 Oct 2018
