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Author Question: FIGURE 4-3Refer to Figure 4-3, which shows a shift of the demand curve from D0to D1, and the ... (Read 29 times)

kled

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on: Oct 12, 2022




FIGURE 4-3

Refer to Figure 4-3, which shows a shift of the demand curve from D0 to D1, and the short-run and long-run supply curves for some good. In the new short-run equilibrium at ES, producers' revenue


◦ is unambiguously lower than in the long-run equilibrium at EL.
◦ is unambiguously higher than at EL.
◦ is unambiguously higher than at E0.
◦ could be higher or lower than at E0, depending on the short-run elasticity of supply.
◦ is unambiguously lower than at E0.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by kled on Oct 12, 2022

jbsuccess1

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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kled

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

kjohnson

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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