Respuesta :
if the long-run market supply curve is perfectly elastic, an increase in demand will cause the final equilibrium to be at: the original price but with a higher output .
In a perfectly competitive market in long-run equilibrium, an increase in demand makes economic benefit in the short run and induces passage in the long run; a decrease in demand makes economic loss (negative economic profits) in the short run and powers a few firms to leave the industry in the long run.
In the market for labor and products, amount provided and amount demanded are frequently moderately delayed to respond to changes in cost in the short run, however they respond all the more significantly in the long run.
Thus, demand and supply frequently — however not consistently — will quite often be generally inelastic in the short run and moderately flexible in the long run.
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