Describe what happens to the market quantity

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Question: A market is in long-run equilibrium and firms in this market have identical cost structures. Suppose demand in this market decreases. Describe what happens to the market quantity as the market leaves and then returns to long-run equilibrium. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132178341

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