If a Product Is Manufactured Under Conditions of Constant Cost

Multiple Choice

If a product is manufactured under conditions of constant cost, an increase in the demand for the product will increase

A) both equilibrium quantity and equilibrium price in the long run.
B) equilibrium price, but equilibrium quantity will be unchanged in the long run.
C) equilibrium price but reduce equilibrium quantity in the long run.
D) equilibrium quantity, but equilibrium price will be unchanged in the long run.