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

Author Question: How long is the short-run time period in the economic analysis of the market? A) three months or ... (Read 60 times)

Melani1276

  • Hero Member
  • *****
  • Posts: 516
on: Jul 1, 2018
How long is the short-run time period in the economic analysis of the market?
 
  A) three months or one business quarter
  B) total time in which sellers already in the market respond to changes in demand and equilibrium price
  C) total amount of time it takes new sellers to enter the market
  D) total amount of time it takes original sellers to leave the market

Question 2

When a firm's MC curve shifts to the right, it implies that
 
  A) new firms are entering the market.
  B) labor productivity is decreasing.
  C) labor productivity is increasing.
  D) the firm's overhead costs are decreasing.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jharrington11

  • Sr. Member
  • ****
  • Posts: 365
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

C


Melani1276

  • Member
  • Posts: 516
Reply 2 on: Jul 1, 2018
Excellent

billybob123

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

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?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

DNA analysis of phylogenetic relationships among modern and extinct flightless birds by Cooper and c DNA analysis of phylogenetic relationships among modern and extinct flightless birds by Cooper and c
Systems Analysis and Design, 10th Edition Systems Analysis and Design, 10th Edition
Embryonic Period Embryonic Period
economic question economic question
economic question (having trouble) economic question (having trouble)
Genetic analysis of vulval development in C. elegans Genetic analysis of vulval development in C. elegans
Video: How eudicots (true dicots) differ from monocots Animation

For a complete list of videos, visit our video library