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If There Is an Increase in the Demand for Restaurant

Question 144

Multiple Choice

If there is an increase in the demand for restaurant meals in an economy in the short run,_____


A) the losses incurred by each restaurant will increase.
B) the price charged by each restaurant will fall.
C) there will be an increase in the number of restaurants in the economy.
D) there will be a decrease in the number of restaurants in the economy.
E) the profit incurred by each restaurant will increase.

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