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

Author Question: If a firm in the long run produces less than its efficient scale, it (Read 25 times)

jho37

  • Hero Member
  • *****
  • Posts: 531
on: May 24, 2019
If a firm in the long run produces less than its efficient scale, it
◦ should raise its markup to increase its profit.
◦ should lower its markup to increase its profit.
◦ cannot be a perfectly competitive firm.
◦ should not advertise to increase its profit.
◦ must have its markup equal to zero.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jho37 on May 24, 2019

swimkari

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: May 24, 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


jho37

  • Hero Member
  • *****
  • Posts: 531
Reply #2 on: May 24, 2019
Excellent


swimkari

  • Sr. Member
  • ****
  • Posts: 332
Reply #3 on: May 24, 2019
Great! Please up vote :D


« previous next »
 

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Overview of material uptake and long-distance transport processes in plants Overview of material uptake and long-distance transport processes in plants
Long-Term Potentiation Long-Term Potentiation
The Role of Summation in Long-Term Potentiation The Role of Summation in Long-Term Potentiation
Feng Mengbo, Long March: Restart. Feng Mengbo, Long March: Restart.
Use palms and fingers to brush off along the back of the body from shoulders to feet with long ... Use palms and fingers to brush off along the back of the body from shoulders to feet with long ...
Firm handshake Firm handshake
Video: Kinetic parameters & Kinetic experiment

For a complete list of videos, visit our video library