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

Author Question: The shape of the long-run industry supply curve in a perfectly competitive industry is largely ... (Read 360 times)

lunatika

  • Hero Member
  • *****
  • Posts: 548
on: Jun 30, 2018
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.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

momolu

  • Sr. Member
  • ****
  • Posts: 320
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

d


lunatika

  • Hero Member
  • *****
  • Posts: 548
Reply #2 on: Jun 30, 2018
Thank you


momolu

  • Sr. Member
  • ****
  • Posts: 320
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Overview of material uptake and long-distance transport processes in plants Overview of material uptake and long-distance transport processes in plants
Defibrillator. Defibrillators are devices that supply a voltage charge to the heart in the hope of r Defibrillator. Defibrillators are devices that supply a voltage charge to the heart in the hope of r
A Dose-Response Curve A Dose-Response Curve
Cut view of long bone. Cut view of long bone.
A dose-response curve describes the relationship between the quantity of the chemical entering the ... A dose-response curve describes the relationship between the quantity of the chemical entering the ...
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
Video: Parathyroid hormone (bone resorption) & Calcitonin (bone deposition)

For a complete list of videos, visit our video library