--%>

Positively sloped long run industry supply curve

A purely competitive industry produces a positively-sloped long-run industry supply curve when the industry: (i) includes only firms which experience diseconomies of scale. (ii) is an increasing cost industry. (iii) experiences technological advances which yield economies of scale. (iv) is a decreasing cost industry. (v) produces goods which entail economies of scope.

Can someone explain/help me with best solution about problem of Economics...

   Related Questions in Microeconomics

  • Q : Vigorously competitive market

    Economic rents which can be capitalized are least possible to arise by: (1) production cost advantages. (2) proprietary knowledge. (3) being first to market a differentiable new product or to innovate a new production technology. (4) a vigorously comp

  • Q : Market Power-Monopsony Power-Employment

    With a specific market demand for the product and a specific market labor supply curve, the employment will be smallest if a firm is: (1) Monopolist in product market and a pure competitor in the labor market. (2) Pure competitor in labor and product markets. (3) Pure

  • Q : Entrepreneurs explicit costs The

    The entrepreneur’s explicit costs would comprise: (1) Forgone interest on owner’s savings. (2) Value of entrepreneur’s labor. (3) Interest payments on the business loans. (4) Lost salaries from the entrepreneur’s preceding job.

  • Q : Relationship between Total utility and

    Describe the relationship between Total utility (TU) and Marginal utility (MU)? Answer:

    Q : Satisfaction gained from consuming

    The Law of Diminishing Marginal Utility defines that the: (i) Satisfaction gained from consuming additional units of a good ultimately decline. (ii) Extra cost of energy from the public utility will ultimately decline. (iii) MUa/Pa = MUb/Pb = ... = MUz/Pz. (iv) Ux/X =

  • Q : Internal financing in Corporate Finance

    Can someone help me in finding out the precise answer from the given options. The corporations might get internal financing by: (i) Borrowing from the stockholders. (ii) Reinvesting the corporate income rather than paying it out as the dividends to stockholders. (iii)

  • Q : Effect of total revenue on economic loss

    The economic loss occurs whenever total revenue: (i) Is equivalent to the total costs. (ii) Fails to cover the opportunity costs. (iii) Surpasses opportunity costs. (iv) Surpasses the explicit costs. Can someone please help me in f

  • Q : Price elasticity of demand coefficient

    Select the right ans wer of the question. The price elasticity of demand coefficient measures: 1) buyer responsiveness to price changes. 2) the extent to which a demand curve shifts as incomes change. 3) the slope of the demand curve. 4) how far business executives ca

  • Q : Annually paying exact amounts by

    Securities annually paying exact amounts forever are: (1) stocks. (2) perennials. (3) royalties. (4) renewals. (5) perpetuities. How can I solve my Economics problem? Please suggest me the correct answer.

  • Q : Price elasticity and market power The

    The price elasticity of demand equals one when this firm produces where total revenue is: (i) $72,000 per period. (ii) $80,000 per period. (iii) $96,000 per period. (iv) $100,000 per period. (v) $144,000 per period.

    Discover Q & A

    Leading Solution Library
    Avail More Than 1441326 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads
    No hassle, Instant Access
    Start Discovering

    18,76,764

    1935623
    Asked

    3,689

    Active Tutors

    1441326

    Questions
    Answered

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

    Submit Assignment

    ©TutorsGlobe All rights reserved 2022-2023.