menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomics Theory with Applications
  4. Exam
    Exam 8: The Theory of Perfect Competition
  5. Question
    In a Constant- Cost Industry
Solved

In a Constant- Cost Industry

Question 85

Question 85

Multiple Choice

In a constant- cost industry:


A) the firm's TC curve is linear.
B) the short run market supply curve is fixed as firms enter or exit.
C) the long run supply curve is horizontal.
D) the short run market supply curve is horizontal.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q80: A Walrasian auctioneer:<br>A)is a real person who

Q81: A reservation price:<br>A)is the maximum amount one

Q82: If a perfectly competitive firm chooses output

Q83: In a competitive equilibrium the:<br>A)quantity demanded is

Q84: In the short run marginal product of

Q86: Market supply is:<br>A)is the sum of the

Q87: If the initial allocation of wealth and

Q88: In a two- person, two- good exchange

Q89: The difference between long run and short

Q90: There are 100 identical demanders of product

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines