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

Author Question: Assume that an economy producing two products, skateboards and inline skates, is initially in ... (Read 30 times)

mp14

  • Hero Member
  • *****
  • Posts: 534
on: Apr 19, 2019

Assume that an economy producing two products, skateboards and in‐line skates, is initially in equilibrium, and that skateboards and in‐line skates are substitutes. If consumer preferences shift away from skateboards and toward in‐line skates, which of the following will 
not occur?


◦ In the short run, firms producing skateboards will incur losses.
◦ In the short run, firms producing in‐line skates will earn a profit.
◦ Additional capital will begin to flow into in‐line skates production in the long run.
◦ Additional capital will begin to flow into skateboard production in the long run.
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 mp14 on Apr 19, 2019

kxciann

  • Sr. Member
  • ****
  • Posts: 356
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 25% of students answer this correctly


mp14

  • Member
  • Posts: 534
Reply 2 on: Apr 19, 2019
Excellent

31809pancho

  • Member
  • Posts: 317
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Examples of Generic Drugs Contained in Brand-Name Products Examples of Generic Drugs Contained in Brand-Name Products
Standardization of Selected Herbal Products Standardization of Selected Herbal Products
Common Fluoride Products Common Fluoride Products
Sex Hormone Products Sex Hormone Products
Producing cDNA from mRNA Producing cDNA from mRNA
Mutation of Raly and Agouti producing yellow coat Mutation of Raly and Agouti producing yellow coat
Video: Role of complement proteins

For a complete list of videos, visit our video library