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If the Demand Curve in a Constant Cost Market Shifts

Question 81

Multiple Choice

If the demand curve in a constant cost market shifts down and to the left, then:


A) the long run price and quantity decrease.
B) the long run price stays the same and the long run quantity decreases.
C) the long run price decreases and the long run quantity stays the same.
D) the long run price and quantity increase.

Correct Answer:

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