« previous next »

Author Question: If a competitive firm is operating in short run equilibrium and then its fixed costs fall by 40 ... (Read 48 times)

kfurse

  • Hero Member
  • *****
  • Posts: 590
on: Jun 30, 2018
If a competitive firm is operating in short run equilibrium and then its fixed costs fall by 40 percent, it should:
 a. use more labor and less capital in current production.
  b. not change its output.
 c. increase its output.
 d. decrease its output.

Question 2

The poverty threshold is often determined in terms of the expenditure on meals that meet a predetermined nutritional standard.
 a. True
  b. False
  Indicate whether the statement is true or false


olderstudent

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

True


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Elk wintering in Jackson Hole, Wyoming after migrating there during the fall Elk wintering in Jackson Hole, Wyoming after migrating there during the fall
Colles’ A break in the distal portion of the radius; often the result of reaching out to cushion a f Colles’ A break in the distal portion of the radius; often the result of reaching out to cushion a f
The tension of the spring in the fuel-pressure regulator determines the operating pressure on a ... The tension of the spring in the fuel-pressure regulator determines the operating pressure on a ...
Kinesthesis and Equilibrium with skating Kinesthesis and Equilibrium with skating
Dagny Taggart is a graduating college senior and she is considering the costs of going to ... Dagny Taggart is a graduating college senior and she is considering the costs of going to ...
Video: Neural regulation of blood pressure - baroreceptor and chemoreceptor reflexes

For a complete list of videos, visit our video library