Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Economics Expert

If an industry's long run per unit costs are constant as its output increases then?

A. the firm's long-run economic profits must be greater than zero.

B. the firm is most likely a decreasing-cost industry.

C. the firm is most likely an increasing-cost industry.

D. the firm is most likely a constant-cost industry.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91406166

Have any Question?


Related Questions in Business Economics

Candidate as pollster conducted a survey in which 450 out

Candidate A's pollster conducted a survey in which 450 out of 710 respondents indicated they would probably vote for Candidate A. Compute the confidence interval for the population.

Examine the us passenger airline industry using the five

Examine the U.S. passenger airline industry using the five forces. Is this an attractive industry? Why or why not?

Suppose that third national bank has reserves of 20000 and

Suppose that Third National Bank has reserves of $20,000 and check able deposits of $200,000. The reserve ratio is 10 percent. The bank sells $20,000 in securities to the Federal Reserve Bank in its district, receiving a ...

Coach steroid likes his players to be big fast and obedient

Coach Steroid likes his players to be big, fast, and obedient. If player  A  is better than player  B  in two of these three characteristics, Steroid will prefer  A  to  B . Three players try out for quarterback. Wilbur ...

Having trouble trying to understand how to summarize a

Having trouble trying to understand how to summarize a companies business activities... Please complete the following in order to help me better understand: For this example, use Costco. Please put together a description ...

The widths of 86 randomly selected doors were found to have

The widths of 86 randomly selected doors were found to have a variance of 1.68. Construct the 90% confidence interval for the population variance of the widths of all doors in this factory. Round your answers to two deci ...

There are 100 identical firms in a perfectly competitive

There are 100 identical firms in a perfectly competitive industry. Market demand is given by -200P +8000. If each firm has a marginal cost curve, MC = .4 q + 4. What is the firm's supply curve ? What is market supply? Wh ...

Why the use of nash equilibrium is a solution concept in

Why the use of Nash equilibrium is a solution concept in games? Please give me an detailed explain.

Given a binomial random variable x successes where the

Given a binomial random variable, X = # successes, where the sample size (n) and the probability of a success (p) are given on right, calculate P(X   n =20   p =0.3   a =2     Given a binomial random variable, X = # succ ...

A country has a total of three cities and city a has a

A country has a total of three cities and city A has a population of 550,000 and city B has a population of 200,000 and city C a population of 10,000. Sixty physicians in the country. The per capita demand for medical ca ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As