could someone please help me with this question?
"With the aid of a linked diagram of a perfectly competitive firm AND industry, show and explain how profits are generated in the short run when the industry is faced with a permanent increase in demand for its product."
could someone help me with the explanation part, the diagram part isn't necessary
x Turn on thread page Beta
microeconomics question watch
- Thread Starter
- 28-12-2014 19:31