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Author Question: Which of the following would most likely reach the long run most rapidly? a. a nuclear power plant ... (Read 140 times)

mwit1967

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on: Jun 30, 2018
Which of the following would most likely reach the long run most rapidly?
 a. a nuclear power plant
  b. a college
  c. a lumber mill
  d. a shopping mall
  e. a hot dog stand

Question 2

Which of the following is a short-run adjustment?
 a. Toyota builds an automobile plant in Kentucky.
  b. Faced with increasing enrollment, a private college builds a new School of Business building.
  c. Because of staggering losses, three insurance companies exit the industry.
  d. People's Bank hires two new tellers to meet increased demand for customer services.
  e. Shaveco enters the razor blade market with a new product, produced in the United States.


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14vl19

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Reply #1 on: Jun 30, 2018
Answer to Question 1

E

Answer to Question 2

D


mwit1967

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Reply #2 on: Jun 30, 2018
Correct answers!


14vl19

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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