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Business, 04.03.2020 00:16 jamie316

Given this change in demand, the representative firm will produce (Click to select)moreless output at a (Click to select)higherlower price.

Long run equilibrium will be restored by (Click to select)demandsupply shifting (Click to select)outin such that, in the long run, market (industry) price will be (Click to select)higher thanthe same aslower than the original level.

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