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    Principles of Economics Study Set 12
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    Exam 9: The Rise and Fall of Industries
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    Exhibit 9-2 -Refer to Exhibit 9-2. If the Market Demand Curve Is
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Exhibit 9-2 -Refer to Exhibit 9-2. If the Market Demand Curve Is

Question 93

Question 93

True/False

Exhibit 9-2 Exhibit 9-2   -Refer to Exhibit 9-2. If the market demand curve is D<sub>1</sub>, then the firm earns normal profit.
-Refer to Exhibit 9-2. If the market demand curve is D1, then the firm earns normal profit.

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