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In a Perfectly Competitive Market,which of the Following Increases the Price

Question 19

Multiple Choice

In a perfectly competitive market,which of the following increases the price that the firms charge in the short run?


A) an increase in the number of firms
B) an increase in the price of a good that is a complement of the good produced in this market
C) an increase in market supply
D) a decrease in the price of a good that is a substitute for the good produced in this market
E) an increase in market demand

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