The long-run supply curve for a competitive constant-cost ...

[bobbysung]

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.

[joechoochoy]

Answer to Question 1

a

Answer to Question 2

a

[bobbysung]

Thanks for the timely response, appreciate it

[Perkypinki]

Excellent