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

Author Question: Which of the following statements most accurately makes the distinction between thelong runand ... (Read 255 times)

ahunt13

  • Full Member
  • ***
  • Posts: 157
Which of the following statements most accurately makes the distinction between the long run and the very-long run with respect to the long-run average cost (LRAC) curve?
◦ In the long run, the LRAC curve is shifting up, whereas in the very-long run the firm is moving along the existing LRAC curve.
◦ In the long run, the firm is moving along the existing LRAC curve, whereas in the very-long run, the LRAC curve is shifting down.
◦ In the long run, the firm is moving along the existing LRAC curve, whereas in the very-long run, the LRAC curve is shifting up.
◦ In the long run, the LRAC curve is shifting down, whereas in the very-long run the firm is moving along the existing LRAC curve.
◦ There is no distinction between the long run and the very-long run with respect to the LRAC curve.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by ahunt13 on Oct 12, 2022

xinyifff

  • Full Member
  • ***
  • Posts: 159
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 39% of students answer this correctly




ahunt13

  • Member
  • Posts: 157
Reply 2 on: Oct 12, 2022
:D TYSM


softEldritch

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

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

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

For a complete list of videos, visit our video library