« previous next »

Author Question: If decreasing long-run average cost is inherent in an industry's technology, then only one supplier ... (Read 34 times)

nelaaney

  • Hero Member
  • *****
  • Posts: 560
on: Jun 30, 2018
If decreasing long-run average cost is inherent in an industry's technology, then only one supplier can satisfy the entire market.
  Indicate whether the statement is true or false

Question 2

A positive economic profit signals that the investors of a firm should divert their funds to alternative ventures.
 a. True
  b. False
  Indicate whether the statement is true or false


dudman123

  • Sr. Member
  • ****
  • Posts: 304
Reply #1 on: Jun 30, 2018
Answer to Question 1

T

Answer to Question 2

False


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?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

A 19-foot-long blue whale skull in the collections of the Smithsonian Museum of Natural History A 19-foot-long blue whale skull in the collections of the Smithsonian Museum of Natural History
A 3-tonne (3.0-long-ton; 3.3-short-ton) great white shark off Isla Guadalupe A 3-tonne (3.0-long-ton; 3.3-short-ton) great white shark off Isla Guadalupe
Some uses of recombinant DNA technology for making improved vaccines Some uses of recombinant DNA technology for making improved vaccines
Average Pulse Rates by Age Average Pulse Rates by Age
Typical Startup Cost Categories Cont. Typical Startup Cost Categories Cont.
A random sample of 87 airline pilots recruited by an airline service had an average yearly ... A random sample of 87 airline pilots recruited by an airline service had an average yearly ...
Video: Requirements for nervous signals

For a complete list of videos, visit our video library