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Author Question: If the price of an input decreases, each individual firm's ________ shifts downward and the ________ ... (Read 111 times)

silviawilliams41

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on: Apr 19, 2019

Question 1

A(n) ________ will shift the short-run industry supply curve of a perfectly competitive industry.


◦ increase in the price of an input
◦ increase in the income of consumers
◦ increase in the price of the product
◦ increase in the demand for the product

Question 2

If the price of an input decreases, each individual firm's ________ shifts downward and the ________ shifts to the right.


◦ marginal revenue curve; marginal cost curve
◦ marginal cost curve; industry supply curve
◦ demand curve; industry supply curve
◦ supply curve; marginal cost curve
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by silviawilliams41 on Apr 19, 2019

shaquita

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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.
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silviawilliams41

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Reply #2 on: Apr 19, 2019
Thank you!


shaquita

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Reply #3 on: Apr 19, 2019
Always glad to help...


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