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Author Question: A constant cost industry has an infinitely elastic long-run supply curve. (Read 32 times)

mspears3

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on: Jul 20, 2019
A constant cost industry has an infinitely elastic long-run supply curve.
◦ true
◦ false
Microeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 8th Edition
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SomethingSomething

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Reply #1 on: Jul 20, 2019
true


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mspears3

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Reply #2 on: Jul 20, 2019
Thank you!


SomethingSomething

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Reply #3 on: Jul 20, 2019
Always glad to help...


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