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

Author Question: In a perfectly competitive market, smaller-than-efficient sized firms can exist in (Read 90 times)

kckanistras

  • Full Member
  • ***
  • Posts: 133
on: Oct 12, 2022

Question 1

In the long run, it is not possible for a perfectly competitive firm to
◦ adopt new technology.
◦ set the product price.
◦ adjust its output.
◦ alter its plant size.
◦ replace its antiquated equipment.

Question 2

In a perfectly competitive market, smaller-than-efficient sized firms can exist in
◦ the long run, and they will make positive economic profits.
◦ both the short and long run.
◦ the short run.
◦ both the short run and the long run, but they must reduce plant size to remain competitive.
◦ the long run.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by kckanistras on Oct 12, 2022

ALuthy

  • Full Member
  • ***
  • Posts: 161
Reply #1 on: Oct 12, 2022
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


kckanistras

  • Member
  • Posts: 133
Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it

nathang24

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

The horizontal fraction bar was introduced by the Arabs.

The Mandarin Duck (Aix galericulata), or just Mandarin, is a medium-sized perching duck, closely rel The Mandarin Duck (Aix galericulata), or just Mandarin, is a medium-sized perching duck, closely rel
Conjunctivitis, with the characteristic “pinkeye” appearance. A yellow crusty exudate is also common Conjunctivitis, with the characteristic “pinkeye” appearance. A yellow crusty exudate is also common
Internal structures of main sequence stars, convection zones with arrowed cycles and radiative zones Internal structures of main sequence stars, convection zones with arrowed cycles and radiative zones
All of the homes in this new neighborhood of Brentwood, California, are for sale, evidence of the co All of the homes in this new neighborhood of Brentwood, California, are for sale, evidence of the co
(A) A brisk half-moon stroke is an efficient technique to use with the body brush or exfoliation ... (A) A brisk half-moon stroke is an efficient technique to use with the body brush or exfoliation ...
Evaluate the following limits, if they exist - Pt 2 Evaluate the following limits, if they exist - Pt 2
Video: Summary of female reproductive cycle days 1-28

For a complete list of videos, visit our video library