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Author Question: At a perfectly competitive equilibrium with production and trade, the slope of the production ... (Read 79 times)

BRWH

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on: Jul 1, 2018
At a perfectly competitive equilibrium with production and trade, the slope of the production possibility curve will be
 
  A) equal to the slope of the price line faced by the consumers.
  B) steeper than the slope of the price line faced by consumers.
  C) flatter than the slope of the price line faced by consumers.
  D) either steeper or flatter than the price line faced by the consumers, depending upon the relative preferences of the consumers.

Question 2

In the long run, fixed costs are
 
  A) sunk.
  B) avoidable.
  C) larger than in the short run.
  D) not included in production decisions.
Microeconomics ¦ Perloff ¦ 8th Edition
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Hikerman221

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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BRWH

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Reply 2 on: Jul 1, 2018
Excellent

TheDev123

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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