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

Author Question: In the long run firms will ________ as long as there are more economies of scale and new firms will ... (Read 40 times)

SGallaher96

  • Hero Member
  • *****
  • Posts: 509
on: Apr 19, 2019

Question 1

An industry is in ________ if firms have no incentive to enter or exit in the ________ run.


◦ disequilibrium; short
◦ disequilibrium; long
◦ equilibrium; short
◦ equilibrium; long

Question 2

In the long run firms will ________ as long as there are more economies of scale and new firms will enter the industry as long as they earn ________.


◦ expand; zero profits
◦ contract; positive economic profits
◦ contract; zero profits
◦ expand; positive economic profits
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by SGallaher96 on Apr 19, 2019

Ahnyah

  • Sr. Member
  • ****
  • Posts: 336
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.
Answer Preview
Only 56% of students answer this correctly


SGallaher96

  • Member
  • Posts: 509
Reply 2 on: Apr 19, 2019
Wow, this really help

cpetit11

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

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.

Glasgow Coma Scale Glasgow Coma Scale
Middle adulthood can bring large-scale changes in lifestyle and interests, as illustrated by this ph Middle adulthood can bring large-scale changes in lifestyle and interests, as illustrated by this ph
A photograph of Commodore Matthew Perry in 1855 juxtaposed with a Japanese portrait of him. When Per A photograph of Commodore Matthew Perry in 1855 juxtaposed with a Japanese portrait of him. When Per
Flow Patterns and Large-Scale Weather: The Steering of Midlatitude Cyclones Flow Patterns and Large-Scale Weather: The Steering of Midlatitude Cyclones
Relations Between Iconic Memory, Short-Term Memory, and Long-Term Memory Relations Between Iconic Memory, Short-Term Memory, and Long-Term Memory
Video: Congenital Heart Defects Animation

For a complete list of videos, visit our video library