Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Tidy Tidy
wrote...
Go to Answer
Posts: 4852
Rep: 38 0
8 years ago
A perfectly competitive firm in a constant-cost industry produces 1,000 units of a good at a total cost of $50,000. If the prevailing market price is $48, the number of firms and the industry's output will decrease in the long run.
True or false?
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 221 times
1 Reply
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
Replies
Answer verified by a subject expert
VincenzoDVincenzoD
wrote...
#1
Top Poster
Posts: 1913
Rep: 241 0
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Tidy Author
wrote...

8 years ago
You make an excellent tutor!
dianeflunder
wrote...

Yesterday
Good timing, thanks!
lubennick
wrote...

2 hours ago
Brilliant ツ
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1291 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 215
  
 1466
  
 564
Your Opinion
Which 'study break' activity do you find most distracting?
Votes: 741
Previous poll results: Which of the following is the best resource to supplement your studies: