This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The long-run supply curve for a competitive constant-cost industry is: a. horizontal. b. vertical. ... (Read 88 times)

bobbysung

  • Hero Member
  • *****
  • Posts: 519
on: Jun 30, 2018
The long-run supply curve for a competitive constant-cost industry is:
 a. horizontal.
  b. vertical.
  c. upward-sloping.
  d. downward-sloping.

Question 2

What term do economists use to refer to the satisfaction that an individual expects to receive from consuming a good or service?
 a. Utility.
  b. Response.
  c. Usability.
  d. Demand.
  e. Desirable.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

joechoochoy

  • Sr. Member
  • ****
  • Posts: 306
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

a


bobbysung

  • Member
  • Posts: 519
Reply 2 on: Jun 30, 2018
:D TYSM

carlsona147

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Common sites of amputation. (A) Upper extremities. (B) Lower extremities. The surgeon determines th Common sites of amputation. (A) Upper extremities. (B) Lower extremities. The surgeon determines th
To maintain balance the bipedal pelvis has a foreshortened ilium and is broader and bowl-shaped. The To maintain balance the bipedal pelvis has a foreshortened ilium and is broader and bowl-shaped. The
fMRI Machine It is not until after toddlerhood that most children can lie still long enough to have fMRI Machine It is not until after toddlerhood that most children can lie still long enough to have
A pleasant smile can go a long way, even through telephone lines. A pleasant smile can go a long way, even through telephone lines.
Part of a Semantic Network in Long-Term Memory Part of a Semantic Network in Long-Term Memory
Converting the universal gas constant Converting the universal gas constant
Video: Hydrogen bonds - role in the body

For a complete list of videos, visit our video library