a long-run supply curve that is downward sloping indicates that the firms' atc curves shift up when the industry expands. shift down when the industry contracts. shift down when the industry expands. do not shift when the industry contracts.

Compare the sources of consumer credit(there's not just one answer)1. consumers use a prearranged loan using special checks2. consumers use cards with no interest and non -revolving balances3. consumers pay off debt and credit is automatically renewed4. consumers take out a loan with a repayment date and have a specific purposea. travel and entertainment creditb. revolving check creditc. closed-end creditd. revolving credit

In transportation model analysis, the stepping-stone method is used to: a. obtain an initial feasible solutionb. evaluate empty cells for possible degeneracyc. evaluate empty cells for potential solution improvementsd. identify a dummy origin pointe. balance supply and demand

Question 1 2 points is the concern of business for the long-range welfare of both the company and its relationships to the society within which it operates