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Business, 22.06.2019 16:00
In a perfectly competitive market, the long-run market supply curve tends to be horizontal or nearly so. what is another way to state this fact? (a) market supply is much more elastic in the long run than the short run. (b) in the long run, average total cost is minimized. (c) in the long run, price equals marginal cost. (d) market supply is much less elastic in the long run than the short run.
Answers: 1
Business, 24.06.2019 01:00
Asample of n = 10 automobiles was selected, and each was subjected to a 5-mph crash test. denoting a car with no visible damage by s (for success) and a car with such damage by f, results were as follows:
Answers: 3
Business, 24.06.2019 03:00
Jane and sarah were watching the evening news when viewers were asked to weigh in on the city's proposed tax increase. later in the broadcast, these results were posted. both jane and sarah were skeptical: 68 percent of the viewers supported the tax increase. they wondered how well the type of people who chose to participate would represent the views of all the city's citizens. jane and sarah are demonstratin
Answers: 1
The overall variability of a firm's returns depends on the expected return of each individual projec...
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