The rutabaga market is perfectly competitive. Research is ...

[cmoore54]

The rutabaga market is perfectly competitive. Research is published claiming that eating rutabagas leads to gaining weight and so the demand for rutabagas permanently decreases. The permanent decrease in demand results in a
◦ lower price, economic losses by rutabaga farmers, and entry into the market.
◦ lower price, economic losses by rutabaga farmers, and exit from the market.
◦ higher price, economic profits for rutabaga farmers, and entry into the market.
◦ higher price, economic losses by rutabaga farmers, and exit from the market.
◦ lower price, economic profits for rutabaga farmers, and entry into the market.

[anyusername12131]

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[cmoore54]

Thanks for the timely response, appreciate it

[mjenn52]

Wow, this really help