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Author Question: If, as a perfectly competitive industry expands, it can supply larger quantities at the same ... (Read 121 times)

lbcchick

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on: Jun 29, 2018
If, as a perfectly competitive industry expands, it can supply larger quantities at the same long-run market price, it is
 
  A) a constant-cost industry. B) a fixed-cost industry.
  C) an increasing-cost industry. D) a decreasing-cost industry.

Question 2

Consumers who ________ will be more likely to buy goods in outlet malls at a lower price, while consumers who ________ will be more willing to pay full price in regular stores.
 
  A) are more price-sensitive; are less price-sensitive
  B) are less price-sensitive; are more price-sensitive
  C) have high levels of wealth; have low levels of wealth
  D) are more status-conscious; are less status-conscious
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Joc

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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lbcchick

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

skipfourms123

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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