« previous next »

Author Question: In the short run a. new firms may enter an industry. b. existing firms may change the quantity ... (Read 54 times)

lak

  • Hero Member
  • *****
  • Posts: 546
on: Jul 1, 2018
In the short run
 a. new firms may enter an industry.
  b. existing firms may change the quantity they are supplying.
  c. price and quantity supplied are absolutely fixed.
  d. quantity supplied is absolutely fixed.

Question 2

In the very short run
 a. new firms may enter the industry.
  b. existing firms may change the quantity they are supplying.
  c. price and quantity supplied is absolutely fixed.
  d. quantity supplied is absolutely fixed.


Meganchabluk

  • Sr. Member
  • ****
  • Posts: 301
Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

lak

  • Hero Member
  • *****
  • Posts: 546
Reply #2 on: Jul 1, 2018
Thank you :)


Meganchabluk

  • Sr. Member
  • ****
  • Posts: 301
Reply #3 on: Jul 1, 2018
Happy to help you


« previous next »
 

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

First-pass effect: (a) drugs are absorbed; (b) drugs enter hepatic portal circulation and go directl First-pass effect: (a) drugs are absorbed; (b) drugs enter hepatic portal circulation and go directl
Two modes of evolutionary change. Two modes of evolutionary change.
Climate Change Climate Change
The enthalpy change for converting 10.0 g of ice at -25.0 C to water at 80.0 C is ________ kJ. ... The enthalpy change for converting 10.0 g of ice at -25.0 C to water at 80.0 C is ________ kJ. ...
Epigenetic changes to DNA, such as methylation, change patterns of gene expression by activating or Epigenetic changes to DNA, such as methylation, change patterns of gene expression by activating or
Competitive firms and maximization Competitive firms and maximization
Video: baroreceptors

For a complete list of videos, visit our video library