« previous next »

Author Question: The long run supply curve to a market depends on the characteristics of the firms that currently ... (Read 53 times)

CharlieWard

  • Hero Member
  • *****
  • Posts: 578
on: Jun 30, 2018
The long run supply curve to a market depends on the characteristics of the firms that currently operate in it. Thus, the latter will be more elastic than the short-run supply curve.
  Indicate whether the statement is true or false

Question 2

One method that firms in many nations use to exit the market is the use of:
 a. antitrust laws.
  b. the uniform commercial code.
  c. bankruptcy laws.
  d. statutory laws.
  e. the federal code.


mistyjohnson

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 30, 2018
Answer to Question 1

T

Answer to Question 2

c


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

The five overlapping phases of the nursing process. Each phase depends on the accuracy of the other The five overlapping phases of the nursing process. Each phase depends on the accuracy of the other
J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo
Reconstruction Drawing of Trajan's Market Reconstruction Drawing of Trajan's Market
Who's Policing the Food Supply? Who's Policing the Food Supply?
If you are able to earn 6.2% compounded semi-annually in an account, how long will it take for ... If you are able to earn 6.2% compounded semi-annually in an account, how long will it take for ...
Video: Hierarchical Sequencing Method - Sequence Tagged Sites

For a complete list of videos, visit our video library