In the hat market, suppose a typical firm is currently earning an economic profit greater than zero and the market is competitive. as the market moves to its long run equilibrium, we expect the market’s short run curve will and economic profits

... short-run supply curve will shift to the right.

economic profits will reduce

- move to the right

- reduce

Explanation:

This is because more firms would enter the market thereby making it more competitive, causing a drop in price of goods and resulting in less profit.

experiments.

surveys.

questionnaires.

interviews.

case studies.

participant and non-participant observation.

observational trials.

studies using the delphi method.

texas governor sam houston opposed secession, but was unable to prevent it. in this speech, given prior to lincoln's election, he presents the argument that slavery would be safer within the united states than outside of it. it was a prescient argument, and one held by several other southern leaders.

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