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Author Question: In the long run firms will ________ as long as there are more economies of scale and new firms will ... (Read 106 times)

SGallaher96

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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
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Marked as best answer by SGallaher96 on Apr 19, 2019

Ahnyah

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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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SGallaher96

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

LegendaryAnswers

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

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