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

Author Question: Industries in which firms are suffering losses are likely to ________ in the long run. (Read 61 times)

geoffrey

  • Hero Member
  • *****
  • Posts: 880
on: Apr 19, 2019

Question 1

A firm that experiences only constant returns to scale will have a U-shaped long-run average cost curve.


◦ true
◦ false

Question 2

Industries in which firms are suffering losses are likely to ________ in the long run.


◦ expand
◦ contract
◦ neither expand nor contract, as firms must earn an economic profit to stay in business
◦ expand or contract depending on the normal rate of return
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 geoffrey on Apr 19, 2019

xoxo123

  • Sr. Member
  • ****
  • Posts: 335
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 56% of students answer this correctly


geoffrey

  • Hero Member
  • *****
  • Posts: 880
Reply #2 on: Apr 19, 2019
TY


xoxo123

  • Sr. Member
  • ****
  • Posts: 335
Reply #3 on: Apr 19, 2019
You're welcome


« previous next »
 

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

The rate of evolution in short­ and long­lived plants The rate of evolution in short­ and long­lived plants
Role of PKM-zeta in Long-Lasting Long-Term Potentiation Role of PKM-zeta in Long-Lasting Long-Term Potentiation
Population Losses in the South, 1920–1930 Population Losses in the South, 1920–1930
The enthalpy change for converting 10.0 g of ice at -25.0 C to water at 80.0 C is ________ kJ. ... The enthalpy change for converting 10.0 g of ice at -25.0 C to water at 80.0 C is ________ kJ. ...
Competitive firms and maximization Competitive firms and maximization
Video: Otitis Media

For a complete list of videos, visit our video library