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Author Question: The long-run supply curve of a market for eggs is perfectly inelastic. Indicate whether the ... (Read 89 times)

vHAUNG6011

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on: Jun 30, 2018
The long-run supply curve of a market for eggs is perfectly inelastic.
  Indicate whether the statement is true or false

Question 2

In the short run, the firm's break-even point is:
 a. the minimum point of the firm's demand curve.
  b. the minimum point of the firm's average-total-cost curve.
  c. the minimum point of the firm's average-variable-cost curve.
  d. the minimum point of the firm's marginal-cost curve.
  e. the minimum point on the average-fixed-cost curve.


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Kingjoffery

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Reply #1 on: Jun 30, 2018
Answer to Question 1

F

Answer to Question 2

b


vHAUNG6011

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Reply 2 on: Jun 30, 2018
:D TYSM

mohan

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

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