This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A long run supply curve: a. will rise if diminishing returns are encountered. b. will rise if ... (Read 33 times)

EY67

  • Hero Member
  • *****
  • Posts: 531
on: Jun 30, 2018
A long run supply curve:
 a. will rise if diminishing returns are encountered.
  b. will rise if diseconomies of scale are encountered.
  c. assumes that all resources are variable.
 d. is characterized by both (b) and (c).

Question 2

What is known as the Dutch disease?
 a. The problem that arises when a government cannot meet its foreign debts
  b. The phenomenon of a boom in one industry causing declines in the rest of the economy
  c. A sudden and unexpected devaluation of a currency as a consequence of policy controls
  d. The problem that arises when high imports force an economy to borrow from external sources
  e. A deficit in the balance of payments of the economy that arises due to a sudden appreciation of the domestic currency


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

shaikhs

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

b


EY67

  • Member
  • Posts: 531
Reply 2 on: Jun 30, 2018
Gracias!

diana chang

  • Member
  • Posts: 288
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Four Arch Curve Four Arch Curve
Long-Term Potentiation Long-Term Potentiation
Cut view of long bone. Cut view of long bone.
Relations Between Iconic Memory, Short-Term Memory, and Long-Term Memory Relations Between Iconic Memory, Short-Term Memory, and Long-Term Memory
Clear the thigh with long strokes. Start superior to the patella; place your full flat hand and ... Clear the thigh with long strokes. Start superior to the patella; place your full flat hand and ...
Saturation curve for hemoglobin of humans, llamas, and other mammals. Saturation curve for hemoglobin of humans, llamas, and other mammals.
Video: Chemical Messengers Animation

For a complete list of videos, visit our video library