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Author Question: The long-run supply curve for a decreasing-cost industry is: a. upward sloping. b. downward ... (Read 40 times)

kodithompson

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on: Jun 30, 2018
The long-run supply curve for a decreasing-cost industry is:
 a. upward sloping.
 b. downward sloping.
  c. vertical.
 d. horizontal.

Question 2

The export supply curve shows a country's:
 a. domestic surplus at various prices below the no-trade equilibrium price.
  b. domestic shortage at various prices below the no-trade equilibrium price.
  c. domestic supply at the no-trade equilibrium price.
  d. domestic surplus at various prices above the no-trade equilibrium price.
  e. domestic shortage at various prices above the no-trade equilibrium price.


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Danny Ewald

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

b

Answer to Question 2

d


kodithompson

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

bassamabas

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Reply 3 on: Yesterday
Excellent

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