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

Author Question: As long as existing firms ________ in an industry, some existing firms will exit the industry, ... (Read 110 times)

ss2343

  • Hero Member
  • *****
  • Posts: 548

Question 1

As long as existing firms ________ in an industry, new firms will enter the industry, causing the industry ________ curve to shift to the right.


◦ earn economic profits; supply
◦ break even; demand
◦ earn economic profits; demand
◦ break even; supply

Question 2

As long as existing firms ________ in an industry, some existing firms will exit the industry, causing the industry ________ curve to shift to the left.


◦ incur economic losses; supply
◦ break even; demand
◦ incur economic losses; demand
◦ break even; supply


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by ss2343 on Apr 19, 2019

bimper21

  • Sr. Member
  • ****
  • Posts: 309
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 25% of students answer this correctly





 

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

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

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

For a complete list of videos, visit our video library