If decreasing long-run average cost is inherent in an industry's ...

[nelaaney]

If decreasing long-run average cost is inherent in an industry's technology, then only one supplier can satisfy the entire market.
  Indicate whether the statement is true or false

Question 2

A positive economic profit signals that the investors of a firm should divert their funds to alternative ventures.
 a. True
  b. False
  Indicate whether the statement is true or false

[dudman123]

Answer to Question 1

T

Answer to Question 2

False