--%>
Assignment Help - homework help

Supply in the short run and long run

Supply is too elastic (contain a smaller coefficient) within the long run than in the: (w) short-run in competitive, constant-cost industries. (x) short-run in competitive, increasing-cost industries. (y) market period in virtually all industries. (z) All of the above are true.

I need a good answer on the topic of Economics problems. Please give me your suggestion for the same by using above options.

   Related Questions in Microeconomics

  • Q : Intending negative income tax The

    The negative income tax suggestions: (w) are intended to simplify federal income taxes. (x) require the poor to pay taxes regardless of their incomes. (y) call for higher income taxes on transfer payments. (z) are attempts to balance the goals of equi

    		•
  • Q : Older or disabled poverty The

    The proportion of older or disabled Americans suffering throughout severe poverty has been most sharply decreased due to such programs as: (w) Social Security and Medicare. (x) negative income taxes. (y) food stamps and subsidized housing. (z) the Emp

    		•
  • Q : Demand curve when taxes shifted forward

    Taxes will be shifted forward completely when supply is positively sloped as well as the demand curve is, there contrary to economic reasoning: (1) perfectly inelastic. (2) perfectly elastic. (3) unitarily elastic. (4) flatter than supply.

  • Q : Monopsonistic Exploitation-MRP and w

    Can someone please help me in finding out the accurate answer from the following question. In the equilibrium for an organization with power to adjust the wage it pays, the rate of monopsonistic exploitation equivalents any differe

    		•
  • Q : Occurrence of disagreements between

    Disagreements between economists occur most commonly within the area of: (1) microeconomic theory. (2) normative aspects of economic policy. (3) positive statements. (4) "common sense." (5) mathematical economics. I need your point

    		•
  • Q : Problem on Asymmetric Information I

    I have a problem in economics on Problem on Asymmetric Information. Please help me in the following question. Moral hazard and adverse selection are most important in: (1) The United States. (2) Perfectly competitive markets. (3) Internet markets. (4) Markets dominate

    		•
  • Q : Who made decisions Economists suppose

    Economists suppose that nearly all decisions are made by: (i) At the margin. (ii) On the average. (iii) Based on totals. (iv) All of the above. Please someone suggest me the right answer.

    		•
  • Q : Higher prices and lower output in market

    When a previously competitive industry becomes monopolized along with no consequence on market demand or the structure of production costs, the effect will be: (w) higher prices and greater output. (x) lower prices and greater output.

    		•
  • Q : Economic theories Economic theories: A)

    Economic theories: A) are useless because they are not based on laboratory experimentation. B) that are true for individual economic units are never true for the economy as a whole. C) are generalizations based on a careful observation of facts. D) are abstractions an

    		•
  • Q : Profits and losses in long run In the

    In the long run: (i) purely competitive firms make zero economic profits. (ii) monopolistically competitive firms make zero economic profits. (iii) effective barriers to entry may permit economic profits. (iv) oligopolists and monopolists may realize

    		•