An increase in demand will induce entry by firms in the long run.

« previous next »

Author Question: An increase in demand will induce entry by firms in the long run. (Read 36 times)

DyllonKazuo

Hero Member
Posts: 565

on: Jul 20, 2019

An increase in demand will induce entry by firms in the long run.
◦ true
◦ false

Microeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 8^th Edition

Buy Test-Bank

welcom1000

Sr. Member
Posts: 298

Reply #1 on: Jul 20, 2019

true

Need homework help now?

Ask unlimited questions for free

Ask a Question

« previous next »

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.