Author Question: The long-run supply curve for a competitive industry always has a positive slope. a. True b. False ... (Read 34 times)

kodithompson

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The long-run supply curve for a competitive industry always has a positive slope.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If total utility is falling, marginal utility is:
 a. positive.
  b. negative
  c. positive, but declining.
  d. either positive or negative.
  e. zero.



Animal_Goddess

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Answer to Question 1

False

Answer to Question 2

b



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