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

Author Question: Refer to the information provided in Figure 12.4 below to answer the question(s) that follow. There ... (Read 80 times)

torybrooks

  • Hero Member
  • *****
  • Posts: 500
on: Apr 19, 2019

Refer to the information provided in Figure 12.4 below to answer the question(s) that follow.







There are two sectors in the economy, X and Y, and both are in long-run, zero-profit equilibrium at the intersections of S0 and D0.


Refer to Figure 12.4. Assume consumer preference changes toward 
X and away from 
Y. 
Ceteris paribus, sector 
X will likely see ________ and sector 
Y will likely see ________.


◦ the entrance of new firms; the exit of existing firms
◦ the exit of existing firms; the entrance of new firms
◦ the entrance of new firms; no entry or exit of firms
◦ no entry or exit of firms; the exit of existing firms
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 torybrooks on Apr 19, 2019

kmb352

  • Sr. Member
  • ****
  • Posts: 319
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 49% of students answer this correctly


torybrooks

  • Member
  • Posts: 500
Reply 2 on: Apr 19, 2019
Thanks for the timely response, appreciate it

strudel15

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

The anterior pituitary is sometimes called the master gland because it secretes many hormones that r The anterior pituitary is sometimes called the master gland because it secretes many hormones that r
Answer to physics problem Answer to physics problem
this is a math question this is a math question
economic question economic question
economic question economic question
Genetics question Genetics question
Video: DNA fingerprinting Animation

For a complete list of videos, visit our video library