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Author Question: Before 1980, U.S. investors rarely invested in foreign capital markets. Indicate whether the ... (Read 64 times)

berenicecastro

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on: Jun 29, 2018
Before 1980, U.S. investors rarely invested in foreign capital markets.
 
  Indicate whether the statement is true or false

Question 2

If there are short-run profits in a competitive industry, will firms enter or exit over the long run? At what point will the final equilibrium be achieved?
 
  What will be an ideal response?


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izzat

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Reply #1 on: Jun 29, 2018
Answer to Question 1

TRUE

Answer to Question 2

Firms will enter the industry until all firms are just making a normal profit.


berenicecastro

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

sailorcrescent

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

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