This topic contains a solution. Click here to go to the answer

Author Question: Which of the following can a firm do in the long run but not in the short run? A) decrease the ... (Read 54 times)

soccerdreamer_17

  • Hero Member
  • *****
  • Posts: 552
Which of the following can a firm do in the long run but not in the short run?
 
  A) decrease the size of its physical plant B) reduce its rate of output by laying off workers
  C) increase its use of raw materials D) increase its variable costs

Question 2

Which of the following is a characteristic of a firm in a perfectly competitive market?
 
  A) The firm must lower its price in order to increase quantity demanded.
  B) The firm cannot make a profit in the short run because it is too small a part of the total market.
  C) The firm can make a profit in the long run but not in the short run.
  D) The firm can sell as much as it wants without having to lower its price.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

meganmoser117

  • Sr. Member
  • ****
  • Posts: 303
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 39% of students answer this correctly




soccerdreamer_17

  • Member
  • Posts: 552
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


gcook

  • Member
  • Posts: 343
Reply 3 on: Yesterday
Gracias!

 

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

For a complete list of videos, visit our video library