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Author Question: The long-run supply curve for a competitive constant-cost industry is: a. horizontal. b. vertical. ... (Read 67 times)

bobbysung

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on: Jun 30, 2018
The long-run supply curve for a competitive constant-cost industry is:
 a. horizontal.
  b. vertical.
  c. upward-sloping.
  d. downward-sloping.

Question 2

What term do economists use to refer to the satisfaction that an individual expects to receive from consuming a good or service?
 a. Utility.
  b. Response.
  c. Usability.
  d. Demand.
  e. Desirable.


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joechoochoy

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

a

Answer to Question 2

a


bobbysung

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

rachel

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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