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Author Question: The long run supply curve to a market depends on the characteristics of the firms that currently ... (Read 58 times)

CharlieWard

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on: Jun 30, 2018
The long run supply curve to a market depends on the characteristics of the firms that currently operate in it. Thus, the latter will be more elastic than the short-run supply curve.
  Indicate whether the statement is true or false

Question 2

One method that firms in many nations use to exit the market is the use of:
 a. antitrust laws.
  b. the uniform commercial code.
  c. bankruptcy laws.
  d. statutory laws.
  e. the federal code.


mistyjohnson

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Reply #1 on: Jun 30, 2018
Answer to Question 1

T

Answer to Question 2

c


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