1.

A shift indemand curve has a larger effect on price and smaller effect onquantity when the number of firms is fixed compared to the situationwhen free entry and exist is permitted. Explain.

Answer»

A shift in
demand curve has a larger effect on price and smaller effect on
quantity when the number of firms is fixed compared to the situation
when free entry and exist is permitted. Explain.



Discussion

No Comment Found

Related InterviewSolutions