The shape of the long-run industry supply curve in a perfectly ...

[lunatika]

The shape of the long-run industry supply curve in a perfectly competitive industry is largely determined by:
 a. the shape of the short-run industry supply curve.
  b. the price of inputs as the industry expands.
 c. the price elasticity of market demand.
 d. the shape of the average fixed cost curve.

Question 2

Supplementary Security Incomes are provided by the U.S. government to those who:
 a. regularly pay a social security tax.
  b. are below 65 years of age.
  c. lack the required education to be absorbed in the job market.
  d. earn less than 4,500 per year.
  e. are temporarily unemployed.

[momolu]

Answer to Question 1

b

Answer to Question 2

d

[lunatika]

Thank you

[momolu]

No problemo