Register
In a perfectly competitive market in the long run, after all adjustments have occurred, an increase in demand causes equilibrium price to:
3.3k views
2 votes
In a perfectly competitive market in the long run, after all adjustments have occurred, an increase in demand causes equilibrium price to:

User AustinT
by
7.9k points

1 Answer

7 votes
Spike before falling to the equilibrium level
User David Ackerman
by
8.2k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is meant by data mining ?
What is the best way to describe a stock market?
Link Copied!