An industry is in short-run equilibrium, and there are economic losses. In the long run,

Laurent

wrote...

Go to Answer

Posts: 803

Rep:

6 years ago

An industry is in short-run equilibrium, and there are economic losses. In the long run,

An industry is in short-run equilibrium, and there are economic losses. In the long run,
A) the equilibrium price rises.
B) the equilibrium quantity produced by the industry decreases.
C) businesses enter the industry.
D) normal profits are zero.
E) businesses earn economic profits.

Textbook

Microeconomics for Life: Smart Choices for You

Edition: 2^nd

Author: Cohen

Read 68 times

3 Replies

Report

Replies

Answer verified by a subject expert

holyman

wrote...

Related Topics

Laurent Author

wrote...

5 years ago

Wow, seems easier than I expected

Report

Aladeen

wrote...

3 years ago

thank you

Report

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

826 People Browsing

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Related Images

282

274

227

Your Opinion

Previous poll results: What percentage of nature vs. nurture dictates human intelligence?

It's sore throat season, why does my mucus have red spots?

Strange Ingredients Lurking in Doritos Chips

Courses by Biology Forums

The Toxic Skin and Fungi Defense

Bonobos, Chimpanzees, and the 98% DNA Link

Ready to ask a question on Biology Forums? Try it out

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.