Top Posters
Since Sunday
j
22
22
i
19
a
18
z
18
m
17
D
17
16
j
16
K
16
s
16
a
16
New Topic  
wrote...
Posts: 240
3 months ago

Question 1.

Industries in which firms ________ are likely to contract in the long-run.



▸ have positive profits

▸ suffer losses

▸ break even

▸ have no competition

Question 2.

Industries in which firms ________ are likely to expand in the long-run.



▸ have positive profits

▸ suffer losses

▸ break even

▸ shut down in the short run
Textbook 

Principles of Economics

Edition: 12th
Authors:
Read 37 times
2 Replies
Replies
Answer verified by a subject expert
wrote...
Posts: 234
Rep: 9 0
3 months ago
Sign in or Sign up in seconds to unlock everything.

Answer 1

suffer losses

Answer 2

have positive profits
1
Related Topics
wrote...
3 months ago
Thanks
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers.
Learn More
Improve Grades
Help Others
Save Time
Accessible 24/7
  121 People Browsing
Related Images
 5322
 870
 1535