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Author Question: If the technology associated with producing fiber-optic cable continues to advance, over time the ... (Read 19 times)

RYAN BANYAN

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on: May 24, 2019
If the technology associated with producing fiber-optic cable continues to advance, over time the cost of producing fiber-optic cable will
◦ decrease, firms that use the new technology will make an economic profit, and in the long run new firms will enter the market.
◦ decrease, firms that use the new technology will incur an economic loss, and in the long run some firms will exit the industry.
◦ increase, firms that use the new technology will make an economic profit, and in the long run new firms will enter the market.
◦ increase, firms that use the new technology will incur an economic loss, and in the long run some firms will exit the industry.
◦ decrease, firms that do not use the new technology will make an economic profit, and in the long run new firms will enter the market.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by RYAN BANYAN on May 24, 2019

k.lashomb

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Reply #1 on: May 24, 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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RYAN BANYAN

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Reply #2 on: May 24, 2019
Thank you!


k.lashomb

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Reply #3 on: May 24, 2019
Always glad to help...


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