sydneybigelow815 sydneybigelow815
  • 03-06-2021
  • Business
contestada

Demand increases in an increasing-cost industry that is initially in long-run competitive equilibrium. After full adjustment, price will be

Respuesta :

topeadeniran2 topeadeniran2
  • 04-06-2021

Answer: above its original value

Explanation:

An increasing-cost industry simply means the industries whereby there's a rise in the average costs when the output increases.

Demand increases in an increasing-cost industry which is in long-run competitive equilibrium. After full adjustment, price will be above its original value.

Answer Link

Otras preguntas

Need help with this question
f(x)=9x^2-5x, g(x)=19x-4 (fog)(9)
Last question please help
what is the value of (3 1/2 - 9 3/4) ÷ (-2.5)A. -2.5B. -2.3C. 2.3D. 2.5and it would be helpful if you guys could also explain how. Thanks
the sun's energy heats Earth's surface unevenly, resulting in convection currents in the atmosphere. which of the following result from these convection curren
Due process is the entitlement of a citizen to
Please help me !!! ( the directions are at the top of the picture ) Answer what you can correctly for a brainliest and also get a thanks ! Don't answer if you d
Name the ordered pair that point B represents in the graph
If phi/pii is placed on a shared folder, what must individuals have in order to access the folder?
Linda: ¿Abuelita, quiere usted este pastel de chocolate? Abuelita: ¡No _______ el pastel de chocolate! Estoy a dieta. Tú puedes comerlo.