True/False
The number of firms in an industry is fixed in the short run.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q1: Which of the following is not true
Q2: For prices greater than the minimum value
Q4: In the long run,a firm will exit
Q5: Only variable costs are relevant to a
Q6: From this chapter we know that a
Q7: Bonzo's success in the Easter Basket business
Q8: The marginal revenue curve of a competitive
Q9: The elasticity of supply is positive because
Q10: Farmer Jane grows wheat on land that
Q11: An industry is likely to be an