HIlst History Bookmarks People Take Test: Final Exam-st x Exams-ECON 1 100 Princ
ID: 1211058 • Letter: H
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HIlst History Bookmarks People Take Test: Final Exam-st x Exams-ECON 1 100 Princ Window Help × / C https:/learn.unt.edu/webapps/assessment/take/launch.jsp/course assessment id _175 Image result for firef Widget Manufacturing doubled its production by opening a new plant that was identical to its old plant The XYZ Co. increased production 25 percent following a 10 percent increase i all inputs. QUESTION 28 Refer to the graph below. If market demand increases from DO to D1, then market supply wilt Supply 8 MC ATC P1 MR1 MRO PO D1 DO q0 q1 2 00 Q1 02 Firm Quantity Market Quantity O shift to the right in the long run as new firms enter this market O shift to the right in the short run as new firms enter this market. O shift to the left in the long run as some firms exit this market. shift to the left in the short run as some firms exit this market QUESTION 29 The effect of a decrease in the price of cassettes is best shown by arrow:Explanation / Answer
Shift to the right in the long run as new firms enter this market.
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