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Author Question: In the long run (Read 38 times)

clmills979

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on: Apr 19, 2019

Question 1

In the long run


◦ a firm can shut down, but it cannot exit the industry.
◦ there are no fixed factors of production.
◦ a firm can vary all inputs, but it cannot change the mix of inputs it uses.
◦ all firms must make economic profits.

Question 2

In the long run


◦ a firm can shut down, but it cannot exit the industry.
◦ there are no fixed factors of production.
◦ a firm can vary all inputs, but it cannot change the mix of inputs it uses.
◦ all firms must make economic profits.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by clmills979 on Apr 19, 2019

lkanara2

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Reply #1 on: Apr 19, 2019
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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clmills979

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Reply #2 on: Apr 19, 2019
Thanks


lkanara2

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Reply #3 on: Apr 19, 2019
Welcome :)


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