Suppose, as a result of a long-run adjustment in a perfectly competitive industry to a change in demand, price and output both fell.Therefore, demand must have __________ in this __________ industry.
A)fallen; increasing cost
B)fallen; decreasing cost
C)increased; increasing cost
D)increased; decreasing costs
E)decreased; constant cost

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The Answer of Suppose, as a result of a long-run adjustment in a perfectly competitive industry to a change in demand, price and output both fell.Therefore, demand must have __________ in this __________ industry.
A)fallen; increasing cost
B)fallen; decreasing cost
C)increased; increasing cost
D)increased; decreasing costs
E)decreased; constant cost

Suppose, as a Result of a Long-Run Adjustment in a Perfectly