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Author Question: The following is the set of conditions is necessary for ________ for a perfectly competitive firm: ... (Read 19 times)

TVarnum

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on: Apr 19, 2019

Question 1

For a perfectly competitive industry, a decline in technology will cause


◦ a movement up the short-run industry supply curve.
◦ a movement down the short-run industry supply curve.
◦ the industry short-run supply curve to shift to the right.
◦ the industry short-run supply curve to shift to the left.

Question 2

The following is the set of conditions is necessary for ________ for a perfectly competitive firm: 
P = 
SRMC = 
SRAC = 
LRAC.


◦ short-run shut down
◦ long-run profit
◦ long-run production with economic losses
◦ long-run equilibrium
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by TVarnum on Apr 19, 2019

millet

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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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TVarnum

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Reply #2 on: Apr 19, 2019
Thanks


millet

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Reply #3 on: Apr 19, 2019
Welcome :)


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