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

Author Question: In a perfectly competitive market, smaller-than-efficient sized firms can exist in (Read 96 times)

kckanistras

  • Full Member
  • ***
  • Posts: 133
on: Oct 12, 2022

Question 1

In the long run, it is not possible for a perfectly competitive firm to
◦ adopt new technology.
◦ set the product price.
◦ adjust its output.
◦ alter its plant size.
◦ replace its antiquated equipment.

Question 2

In a perfectly competitive market, smaller-than-efficient sized firms can exist in
◦ the long run, and they will make positive economic profits.
◦ both the short and long run.
◦ the short run.
◦ both the short run and the long run, but they must reduce plant size to remain competitive.
◦ the long run.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by kckanistras on Oct 12, 2022

ALuthy

  • Full Member
  • ***
  • Posts: 161
Reply #1 on: Oct 12, 2022
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


kckanistras

  • Member
  • Posts: 133
Reply 2 on: Oct 12, 2022
Gracias!

olderstudent

  • Member
  • Posts: 339
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

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

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Although large, the cougar is more closely related to smaller felines. Although large, the cougar is more closely related to smaller felines.
Competitive inhibition Competitive inhibition
competitive inhibition competitive inhibition
Airflow through the large diameter upper intake manifold is distributed to smaller diameter ... Airflow through the large diameter upper intake manifold is distributed to smaller diameter ...
Stock Market Question Stock Market Question
Markets and Institutions Market Story Problem Markets and Institutions Market Story Problem
Video: Dorsal Recumbent Position

For a complete list of videos, visit our video library