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Author Question: If a typical firm in a perfectly competitive industry is incurring losses, then A) some firms ... (Read 121 times)

cherise1989

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on: Jun 29, 2018
If a typical firm in a perfectly competitive industry is incurring losses, then
 
  A) some firms will enter in the long run, causing market supply to increase and market price to rise increasing profit for all firms.
  B) some firms will exit in the long run, causing market supply to decrease and market price to fall increasing losses for the remaining firms.
  C) some firms will exit in the long run, causing market supply to decrease and market price to rise increasing profits for the remaining firms.
  D) all firms will continue to lose money.

Question 2

The antitrust law that prohibits price discrimination on grounds that it reduces competition is
 
  A) the Federal Trade Commission Act. B) the Clayton Act.
  C) the Robinson-Patman Act. D) the Sherman Act.
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Meganchabluk

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Reply #1 on: Jun 29, 2018
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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cherise1989

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

LVPMS

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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