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

Author Question: If the price of an input decreases, each individual firm's ________ shifts downward and the ________ ... (Read 105 times)

silviawilliams41

  • Hero Member
  • *****
  • Posts: 560
on: Apr 19, 2019

Question 1

A(n) ________ will shift the short-run industry supply curve of a perfectly competitive industry.


◦ increase in the price of an input
◦ increase in the income of consumers
◦ increase in the price of the product
◦ increase in the demand for the product

Question 2

If the price of an input decreases, each individual firm's ________ shifts downward and the ________ shifts to the right.


◦ marginal revenue curve; marginal cost curve
◦ marginal cost curve; industry supply curve
◦ demand curve; industry supply curve
◦ supply curve; marginal cost curve
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by silviawilliams41 on Apr 19, 2019

shaquita

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Apr 19, 2019
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


silviawilliams41

  • Hero Member
  • *****
  • Posts: 560
Reply #2 on: Apr 19, 2019
Thank you!


shaquita

  • Sr. Member
  • ****
  • Posts: 324
Reply #3 on: Apr 19, 2019
Always glad to help...


« previous next »
 

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Unique markings identify individual humpback whales. Unique markings identify individual humpback whales.
Bipolar disease. The term bipolar means “pertaining to two poles.” The individual with this form of Bipolar disease. The term bipolar means “pertaining to two poles.” The individual with this form of
The downward movement of the piston draws the air–fuel mixture into the cylinder through the ... The downward movement of the piston draws the air–fuel mixture into the cylinder through the ...
Patient with DiGeorge syndrome. Note low set ears and wide set downward slanting eyes; often these ... Patient with DiGeorge syndrome. Note low set ears and wide set downward slanting eyes; often these ...
Differences in brain metabolism in the brain of an unaffected individual (upper) and a schizophrenic Differences in brain metabolism in the brain of an unaffected individual (upper) and a schizophrenic
Overweight individual with acanthosis nigricans Overweight individual with acanthosis nigricans
Video: Methods of carbon dioxide transport - carbaminohemoglobin and bicarbonate ions

For a complete list of videos, visit our video library