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Author Question: The long run A) means a long period of time, always longer than a year. B) is a period of time ... (Read 259 times)

tnt_battle

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on: Jun 29, 2018
The long run
 
  A) means a long period of time, always longer than a year.
  B) is a period of time in which all factors of production can be varied.
  C) is different for different firms.
  D) Both answers B and C are correct.

Question 2

At the current level of output, the marginal social benefit of pizza exceeds the marginal social cost of pizza. Compared to the allocatively efficient quantity, we are producing too ________ pizza and too ________ of other goods.
 
  A) much; little
  B) much; much
  C) little; little
  D) little; much


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Pamela.irrgang@yahoo.com

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

D

Answer to Question 2

D


tnt_battle

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Reply 2 on: Jun 29, 2018
:D TYSM

nyrave

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Reply 3 on: Yesterday
Gracias!

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