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Author Question: Which of the following can a firm do in the long run but not in the short run? A) decrease the ... (Read 57 times)

soccerdreamer_17

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on: Jun 29, 2018
Which of the following can a firm do in the long run but not in the short run?
 
  A) decrease the size of its physical plant B) reduce its rate of output by laying off workers
  C) increase its use of raw materials D) increase its variable costs

Question 2

Which of the following is a characteristic of a firm in a perfectly competitive market?
 
  A) The firm must lower its price in order to increase quantity demanded.
  B) The firm cannot make a profit in the short run because it is too small a part of the total market.
  C) The firm can make a profit in the long run but not in the short run.
  D) The firm can sell as much as it wants without having to lower its price.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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meganmoser117

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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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soccerdreamer_17

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

Sarahjh

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Reply 3 on: Yesterday
Excellent

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