Multiple Choice
The problem faced by farms in the long run as portrayed in the diagram would involve price and quantity changes from
A) P₂ to P₃ and Q₁ to Q₄.
B) P₁ to P₄ and Q₁ to Q₄.
C) P₂ to P₁ and Q₁ to Q₂.
D) P₄ to P₁ and Q₄ to Q₁.
Correct Answer:

Verified
Correct Answer:
Verified
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