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

Author Question: The demand curve facing a price-taking industry is perfectly elastic. (Read 50 times)

oliviahorn72

  • Hero Member
  • *****
  • Posts: 579
on: May 25, 2020

Question 1

If a price-taking firm is in short-run equilibrium it must also be in long-run equilibrium.
◦ true
◦ false

Question 2

The demand curve facing a price-taking industry is perfectly elastic.
◦ true
◦ false
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by oliviahorn72 on May 25, 2020

shayla

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: May 25, 2020
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 29% of students answer this correctly


oliviahorn72

  • Member
  • Posts: 579
Reply 2 on: May 25, 2020
Thanks for the timely response, appreciate it

meganmoser117

  • Member
  • Posts: 303
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

The human oxygen-hemoglobin dissociation curve. The human oxygen-hemoglobin dissociation curve.
A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ... A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ...
Stretch arm overhead. Stand to the side facing the same direction as the recipient. Hold onto the ... Stretch arm overhead. Stand to the side facing the same direction as the recipient. Hold onto the ...
An Environmental Kuznets Curve An Environmental Kuznets Curve
The Oxyhemoglobin Dissociation Curve The Oxyhemoglobin Dissociation Curve
Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ... Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ...
Video: Types of disease resistance: innate defenses & immunity

For a complete list of videos, visit our video library