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

[(24+16) divided by 8 times 5)]=? Please answer pllleeeaaaasee.
Which of the following is the equation of a line parallel to the line y=3x+2, passing through the point (10,1)? A. 3x - y=29 B. 3x + y=29 C. -3x - y=29 D. 3x +
in che anno e nato Cristoforo Colombo
Subtract: 6lb 4oz - 2lb 10oz
How do you use equal protection of law in a sentence
Help me please. What Is Stonehenge?
Hello how do you solve for x a= x-b/y
solve for x₁ and x₂6x₁+3x₂=606x₁-2x₂=80
information about tigers
How do you use Bill of rights in a sentence