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

Author Question: As new firms enter an increasing-cost industry (Read 77 times)

ericka1

  • Hero Member
  • *****
  • Posts: 544
on: Apr 19, 2019

Question 1

As new firms enter a decreasing-cost industry


◦ the 
LRAC curve shifts down.
◦ the 
LRAC curve shifts up.
◦ the position of the 
LRAC curve doesn't change, but firms move down their 
LRAC curve.
◦ the position of the 
LRAC curve doesn't change, but firms move up their 
LRAC curve.

Question 2

As new firms enter an increasing-cost industry


◦ the 
LRAC curve shifts down.
◦ the 
LRAC curve shifts up.
◦ the position of the 
LRAC curve doesn't change, but firms move down their 
LRAC curve.
◦ the position of the 
LRAC curve doesn't change, but firms move up their 
LRAC curve.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by ericka1 on Apr 19, 2019

Juro

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


ericka1

  • Hero Member
  • *****
  • Posts: 544
Reply #2 on: Apr 19, 2019
Excellent


Juro

  • Sr. Member
  • ****
  • Posts: 337
Reply #3 on: Apr 19, 2019
Great! Please up vote :D


« previous next »
 

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

The Increasing Cost of Health Care, 1960–2010 The Increasing Cost of Health Care, 1960–2010
In middle childhood, children spend increasing amounts of time with peers and friends. In middle childhood, children spend increasing amounts of time with peers and friends.
Cost Savings with an EHR System Cost Savings with an EHR System
A spark plug thread chaser is a low-cost tool that hopefully will not be used often, but is ... A spark plug thread chaser is a low-cost tool that hopefully will not be used often, but is ...
Plasma insulin binds to receptors on target cells to enter the cells, which starts actions that lead ... Plasma insulin binds to receptors on target cells to enter the cells, which starts actions that lead ...
Wages and Machines in the Textile Industry, 1910 Wages and Machines in the Textile Industry, 1910
Video: Fetal Development of the Cardiovascular System

For a complete list of videos, visit our video library