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Author Question: Constant cost industries: a. use large portions of the total supply of specialized resources. b. ... (Read 52 times)

abarnes

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on: Jun 30, 2018
Constant cost industries:
 a. use large portions of the total supply of specialized resources.
 b. significantly increase the demand for inputs when expanding output, and as a result, input prices rise.
 c. do not use inputs in sufficient quantities that a change in industry output would affect the prices of the inputs.
  d. are those in which the cost curves of individual firms shift upwards as industry output expands.

Question 2

_____ are the primary population group with poverty-level incomes in the USA.
 a. Single-income households
  b. Households headed by males
  c. College graduates
  d. People who do not have high school education
  e. Retired individuals


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chloejackso

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

c

Answer to Question 2

d


abarnes

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

xiazhe

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Reply 3 on: Yesterday
Excellent

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