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  3. Study Set
    Intermediate Microeconomics
  4. Exam
    Exam 9: Perfect Competition in a Single Market
  5. Question
    In the Very Short Run
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In the Very Short Run

Question 19

Question 19

Multiple Choice

In the very short run


A) new firms may enter the industry.
B) existing firms may change the quantity they are supplying.
C) price and quantity supplied is absolutely fixed.
D) quantity supplied is absolutely fixed.

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