This topic contains a solution. Click here to go to the answer

Author Question: The shape of the long-run industry supply curve in a perfectly competitive industry is largely ... (Read 356 times)

lunatika

  • Hero Member
  • *****
  • Posts: 548
The shape of the long-run industry supply curve in a perfectly competitive industry is largely determined by:
 a. the shape of the short-run industry supply curve.
  b. the price of inputs as the industry expands.
 c. the price elasticity of market demand.
 d. the shape of the average fixed cost curve.

Question 2

Supplementary Security Incomes are provided by the U.S. government to those who:
 a. regularly pay a social security tax.
  b. are below 65 years of age.
  c. lack the required education to be absorbed in the job market.
  d. earn less than 4,500 per year.
  e. are temporarily unemployed.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

momolu

  • Sr. Member
  • ****
  • Posts: 320
Answer to Question 1

b

Answer to Question 2

d





 

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

For a complete list of videos, visit our video library