This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: How long is the short-run time period in the economic analysis of the market? A) three months or ... (Read 71 times)

Melani1276

  • Hero Member
  • *****
  • Posts: 516
on: Jul 1, 2018
How long is the short-run time period in the economic analysis of the market?
 
  A) three months or one business quarter
  B) total time in which sellers already in the market respond to changes in demand and equilibrium price
  C) total amount of time it takes new sellers to enter the market
  D) total amount of time it takes original sellers to leave the market

Question 2

When a firm's MC curve shifts to the right, it implies that
 
  A) new firms are entering the market.
  B) labor productivity is decreasing.
  C) labor productivity is increasing.
  D) the firm's overhead costs are decreasing.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jharrington11

  • Sr. Member
  • ****
  • Posts: 365
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

C


Melani1276

  • Member
  • Posts: 516
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

ashely1112

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Long bones develop from several bony centers--one for the shaft and at least one for each end. The e Long bones develop from several bony centers--one for the shaft and at least one for each end. The e
VITROS DT60II automated blood analysis system. VITROS DT60II automated blood analysis system.
Brush off the back. Apply several long brushing strokes from head to hips to finish the session. Brush off the back. Apply several long brushing strokes from head to hips to finish the session.
Jim Croce - Time in a bottle - 1973 Jim Croce - Time in a bottle - 1973
Time-of-entry mapping Time-of-entry mapping
The Hfr chromosome time-of-entry map is assembled from the recombinant data The Hfr chromosome time-of-entry map is assembled from the recombinant data
Video: Transmission Across a Synapse

For a complete list of videos, visit our video library