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Author Question: Assume that the tuna fishing industry is perfectly competitive. Which of the following best ... (Read 117 times)

gbarreiro

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on: Jun 29, 2018
Assume that the tuna fishing industry is perfectly competitive. Which of the following best characterizes the industry if, as demand for tuna increases, fishing boats have to go farther into the ocean to harvest tuna?
 
  A) a fixed-cost industry B) a decreasing-cost industry
  C) an increasing-cost industry D) a constant-cost industry

Question 2

Refer to Figure 22-1. Using the per-worker production function in the figure above, the largest changes in an economy's standard of living would be achieved by a movement from
 
  A) B to C to D. B) D to C to B. C) A to B to C. D) C to B to A.
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mfedorka

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Reply #1 on: Jun 29, 2018
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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gbarreiro

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Reply #2 on: Jun 29, 2018
Thank you


mfedorka

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Reply #3 on: Jun 29, 2018
No problemo


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