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Author Question: An economist is studying the pricing behavior of Las Vegas all-you-can-eat buffets. He says he will ... (Read 57 times)

james0929

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Question 1

An economist is studying the pricing behavior of Las Vegas all-you-can-eat buffets. He says he will limit his analysis to a time period that allows for new buffets to enter the market and for existing ones to leave it. The economist is referring to the ________ time period.


◦ market
◦ industry
◦ long-run
◦ short-run

Question 2

An economist is studying the pricing behavior of Las Vegas all-you-can-eat buffets. He says he will limit his analysis to a time period that allows for new buffets to enter the market and for existing ones to leave it. The economist is referring to the ________ time period.


◦ market
◦ industry
◦ long-run
◦ short-run


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Marked as best answer by james0929 on Apr 19, 2019

anoriega3

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james0929

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review


tandmlomax84

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Reply 3 on: Yesterday
Excellent

 

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