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

Author Question: In the long run firms will expand as long as there are more ________, and new firms will enter the ... (Read 74 times)

dbose

  • Hero Member
  • *****
  • Posts: 597
on: Apr 19, 2019

Question 1

An industry is in ________ if firms have an incentive to enter or exit in the ________ run.


◦ disequilibrium; short
◦ disequilibrium; long
◦ equilibrium; short
◦ equilibrium; long

Question 2

In the long run firms will expand as long as there are more ________, and new firms will enter the industry as long as they earn ________.


◦ economies of scale; zero profits
◦ economies of scale; positive economic profits
◦ diseconomies of scale; zero profits
◦ diseconomies of scale; positive economic profits
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 dbose on Apr 19, 2019

amynguyen1221

  • Sr. Member
  • ****
  • Posts: 355
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


dbose

  • Hero Member
  • *****
  • Posts: 597
Reply #2 on: Apr 19, 2019
Thanks


amynguyen1221

  • Sr. Member
  • ****
  • Posts: 355
Reply #3 on: Apr 19, 2019
Welcome :)


« previous next »
 

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Blocked at every turn by congressional Republicans who hated him, President Obama turned to techniqu Blocked at every turn by congressional Republicans who hated him, President Obama turned to techniqu
Feng Mengbo, Long March: Restart. Feng Mengbo, Long March: Restart.
The features found in a long bone. The features found in a long bone.
The steps in the hearing process. (1) Sound waves enter the outer ear and travel through the ear ... The steps in the hearing process. (1) Sound waves enter the outer ear and travel through the ear ...
Perform the indicated division (long division polynomials) Perform the indicated division (long division polynomials)
Long noncoding RNAs mediate transcriptional activation Long noncoding RNAs mediate transcriptional activation
Video: Factors that increase metabolic rate and heat production

For a complete list of videos, visit our video library