« previous next »

Author Question: Refer to Figure 12-11. If this is a constant-cost industry, what is the market price in the long-run ... (Read 28 times)

gonzo233

  • Hero Member
  • *****
  • Posts: 557
on: Jun 29, 2018
Refer to Figure 12-11. If this is a constant-cost industry, what is the market price in the long-run equilibrium?
 
  A) 5 B) 14 C) 15 D) 20

Question 2

Which of the following would reduce the labor force participation rate, all else equal?
 
  A) an increase in the working-age population
  B) an increase in the unemployment rate
  C) a decrease in the unemployment rate
  D) an increase in the number of people in the labor force


macagnavarro

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

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

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

How long does it take for 90% of a sample of strontium-90 (half-life of 28.8 years) to decay? How long does it take for 90% of a sample of strontium-90 (half-life of 28.8 years) to decay?
Three pathways of complement combined. (a) Figure shows a summary of how each pathway proceeds. (b) ... Three pathways of complement combined. (a) Figure shows a summary of how each pathway proceeds. (b) ...
Apply the body wrap substance to the back with long, smooth strokes, covering the area thoroughly. Apply the body wrap substance to the back with long, smooth strokes, covering the area thoroughly.
Part of a Semantic Network in Long-Term Memory Part of a Semantic Network in Long-Term Memory
If the frequency equals 60 Hz in Figure 10-1, what is the value of capacitance? If the frequency equals 60 Hz in Figure 10-1, what is the value of capacitance?
Greater Long-nosed Tree Shrew (Tupaia tana), Borneo and Sumatra. Greater Long-nosed Tree Shrew (Tupaia tana), Borneo and Sumatra.
Video: Griffith's experiments

For a complete list of videos, visit our video library