Long run entry of supply curve

When the price for cranberries is primarily P₁, in that case in the long run: (w) firms will neither enter nor exit this industry. (x) entry of firms will move curve supply curve A to the right. (y) exit of firms will move supply curve A to the left. (z) entry of new firms will shift this firm’s curve F to the right.

1461_demand and supply.png

How can I solve my Economics problem? Please suggest me the correct answer.

View Complete Question

Related Questions in Microeconomics

Q : Securing financing for economic capital

Can someone help me in finding out the most precise answer from the given options. Securing financing for the economic capital for a corporation can’t be accomplished by: (i) Issuing common stock. (ii) Issuing the corporate bonds. (iii) Securing the majority of

Q : Income elasticity of demand when

When diamond sales jump from 3 to 13 million carats yearly while a strong recovery increases national income from $12.0 trillion to $13.2 trillion, in that case the income elasticity of demand for diamonds is: (1) 0.76. (2) 1.52. (3)

Q : Oligopoly market Elucidate why are

Elucidate why are firms mutually interdependent in oligopoly market.

Q : Area above supply curve of resource The

The area above a resource’s supply curve although below its price is a pure: (w) economic rent. (x) consumer surplus. (y) capitalization. (z) monopoly profit. Please choose the right answer from above...I wan

Q : Concept of Production Possibilities

The Production possibilities frontiers describe the concepts of: (1) A trade-off between inflation and unemployment. (2) Positive economics versus the normative economics. (3) Scarcity, opportunity costs, and reducing returns. (4) Absolute advantages

Q : Question related to Gross domestic

Proprietors' income $ 20, Compensation of employees 300, Consumption of fixed capital 15, Gross investment 80, Rents 10, Interest 20 ,Exports 30, Imports 50, Corporate profits 25, Taxes on production and imports 5 ,Net foreign factor income 0 ,Statistical discrepancy

Q : Monopsonistic Exploitation and Wage

Can someone please help me in finding out the accurate answer from the following question. If a firm's wage structure reflects the keenness of individual employees to work, terms which are most applicable comprise: (i) Monopsonistic exploitation and the wage discrimin

Q : Examples of Complementary Goods Can

Can someone help me in finding out the right answer from the given options. Illustrations of complementary goods would not comprise: (1) Football tickets and rugby tickets. (2) Golf clubs and golf balls. (3) Laundry detergent and washing machines. (4)

Q : Exploiting the economies of Scope Bobby

Bobby Lee’s dairy has gainfully expanded beyond butter, fresh milk and cheese, by providing Organizmic Fertilizer, guided by ATV tours for the visitors, and Granny Lee’s Exfoliating Body Yogurt. The Clyde County Business News trumpets that the Bobby Lee ha

Q : Output produces by monopolistic

This monopolistic competitor generates Q0 output where is: (1) MR = MC. (2) MSB > MSC. (3) average cost is not minimized. (4) P = ATC. (5) All of the above.

Discover Q & A

Leading Solution Library

Avail More Than 1456627 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1939308
Asked

3,689

Active Tutors

1456627

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment