Suppose you earn a home remodeling company you are, Ask an Expert

Economics

Suppose you earn a home remodeling company. You are currently earning short run profits. The home remodeling industry is a CONSTANT-COST industry. In the long run, what do you expect will happen to A. you firms cost of production. Explain. B. The price you can charge for your remodeling services? Why? C. Profits in home remodeling? Why?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91846148

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