微观经济chapter12 Perfect Competition.ppt

微观经济chapter12 Perfect Competition

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * Figure 12.11(b) shows that when external diseconomies are present, an increase in demand brings a higher price in the long run. The long-run market supply curve LSB is upward sloping. Changing Tastes and Advancing Technology Figure 12.11(c) shows that when external economies are present, an increase in demand brings a lower price in the long run. The long-run market supply curve LSC is downward sloping. Changing Tastes and Advancing Technology Technological Change New technologies are constantly discovere

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