« previous next »

Author Question: In the short run a. new firms may enter an industry. b. existing firms may change the quantity ... (Read 110 times)

lak

  • Hero Member
  • *****
  • Posts: 546
on: Jul 1, 2018
In the short run
 a. new firms may enter an industry.
  b. existing firms may change the quantity they are supplying.
  c. price and quantity supplied are absolutely fixed.
  d. quantity supplied is absolutely fixed.

Question 2

In the very short run
 a. new firms may enter the industry.
  b. existing firms may change the quantity they are supplying.
  c. price and quantity supplied is absolutely fixed.
  d. quantity supplied is absolutely fixed.


Meganchabluk

  • Sr. Member
  • ****
  • Posts: 301
Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

lak

  • Hero Member
  • *****
  • Posts: 546
Reply #2 on: Jul 1, 2018
Thank you :)


Meganchabluk

  • Sr. Member
  • ****
  • Posts: 301
Reply #3 on: Jul 1, 2018
Happy to help you


« previous next »
 

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Children with Down syndrome have a small head, short, thick neck, flattened face, and a distinctive ... Children with Down syndrome have a small head, short, thick neck, flattened face, and a distinctive ...
A track inside an ignition coil is not a short, but rather it is a low-resistance path or hole that ... A track inside an ignition coil is not a short, but rather it is a low-resistance path or hole that ...
Carbon Dioxide, Trace Gases, and Climate Change Carbon Dioxide, Trace Gases, and Climate Change
Change in plasma metabolomics following glucose igestion Change in plasma metabolomics following glucose igestion
Climate Change: Volcanoes Timescale Climate Change: Volcanoes Timescale
A variety of organic compounds from food can enter the reactions of aerobic respiration. A variety of organic compounds from food can enter the reactions of aerobic respiration.
Video: Cleavage and Implantation Animation

For a complete list of videos, visit our video library