In Figure 9-13, a movement of long-run equilibrium from point A to point C could be caused by a(n)





a.

decrease in supply from S2 to S1 in response to economic profits following a decrease in demand from D2 to D1

b.

increase in short-run supply from S1 to S2

c.

increase in supply from S1 to S2 in response to economic profits following an increase in demand from D1 to D2

d.

increase in demand from D1 to D2 in the short run


c

Economics

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