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Author Question: The long-run supply curve for a competitive industry always has a positive slope. a. True b. False ... (Read 26 times)

kodithompson

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  • Posts: 566
on: Jun 30, 2018
The long-run supply curve for a competitive industry always has a positive slope.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If total utility is falling, marginal utility is:
 a. positive.
  b. negative
  c. positive, but declining.
  d. either positive or negative.
  e. zero.


Animal_Goddess

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

False

Answer to Question 2

b


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