a) reduce the number of firms supporting long run equilibrium
b) increase the long-run equilibrium price.
c) not cause the number of firms supporting long-run equilibrium to change
d) answers a and b
e) answers b and c© BrainMass Inc. brainmass.com September 24, 2018, 9:12 pm ad1c9bdddf - https://brainmass.com/economics/general-equilibrium/14-long-run-equilibrium-competitive-markets-20234
The correct answer is (d). If a tax is imposed which increases the fixed ...