mariyaalbastaki6200 mariyaalbastaki6200
  • 03-03-2022
  • Business
contestada

n a perfectly competitive market, the long-run market supply curve tends to be horizontal or nearly so (very price sensitive). What is another way to state this fact

Respuesta :

kleebaggins kleebaggins
  • 10-03-2022

Answer:

In the long run, the market will supply any amount of the good at the price where P = min. ATC.

Explanation:

Both supply and demand are more elastic in the long run than the short run, which corresponds to a leveling out of the supply and demand curves.

Answer Link

Otras preguntas

Lisa drove 46 miles using 16 gallons of gas. At this rate, how many miles would she drive using 14 gallons of gas?
I have no clue how to do this!!!
Which pattern of inheritance results from individual organisms having many different genes working at the same time to control a single trait? A. Incom
1.925 as a mixed number
Some swim teams travel to a swim meet each team had 9 swimmer a total of 54 swimmer went to meet. There was twice as many boys as girl at the meet if 36 boys we
Which of the following is true? A.Younger athlete will beat an older one. B:Athletic performance peaks in both men and women between ages of 20 to 30. C:On ave
What happened to them?In the poem cold within
What is the relationship between the center of any circle and the point that lie on the circle?
FAST ANSWERS ONLY PLEASE HELP
what is the definition of emblaming?