History, 07.05.2020 03:10 monaec1757
18. A constant-cost, perfectly competitive widget industry is in long-run equilibrium. A decrease in the
price of gadgets, a substitute for widgets, will most likely result in
A. an increase in the demand for widgets, followed by a decrease in the supply of widgets
B. higher short-run and long-run prices for widgets
C. short-run losses for widget producers, followed by the exit of some firms
D. an upward shift in all short-run cost curves, followed by a higher long-run price for widgets
E. a higher short-run price for widgets, followed by an increase in the quantity produced
Answers: 2
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What might be something all americans believe in that unite us as a nation ?
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Following archduke franz ferdinand's assassination, austro-hungarian leaders: a. aided the ottoman empire in its campaign to keep serbia under its control. b. executed nearly all prominent serbs living in austria-hungary c. threatened to invade serbia if serb leaders did not agree to a set of strict demands. d.. formed an alliance with great britain to protect austria-hungary from future attacks.
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History, 22.06.2019 02:30
Monopolies were legal in the united states until a)the 1860s. b)the 1870s. c)the 1880s. d)the 1890s.
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18. A constant-cost, perfectly competitive widget industry is in long-run equilibrium. A decrease in...
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