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Author Question: In the short run average costs eventually increase because of ________, and in the long run average ... (Read 150 times)

clmills979

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on: Apr 19, 2019

Question 1

A perfectly competitive industry's supply curve is upward sloping.


◦ true
◦ false

Question 2

In the short run average costs eventually increase because of ________, and in the long run average costs eventually increase because of ________.


◦ diminishing returns; diseconomies of scale
◦ diseconomies of scale; diminishing returns
◦ constant returns to scale; decreasing returns to scale
◦ increasing returns to scale; diseconomies of scale
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by clmills979 on Apr 19, 2019

connor417

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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.
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clmills979

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Reply #2 on: Apr 19, 2019
Excellent


connor417

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Reply #3 on: Apr 19, 2019
Great! Please up vote :D


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