8
answers
1
watching
2,012
views
16 Dec 2017
A5. If factor prices decrease, (A) (B) both the long-run and short-run average cost curves will shift downward. here will be a downward shift in the long-run average cost curve but not in the short-run average cost curve. a firm will move down along its long-run average cost curve only. a firm will move down along both its long-run and short-run average cost curves. there will be no change in the cost curves in the long run. (D) (E)
A5. If factor prices decrease, (A) (B) both the long-run and short-run average cost curves will shift downward. here will be a downward shift in the long-run average cost curve but not in the short-run average cost curve. a firm will move down along its long-run average cost curve only. a firm will move down along both its long-run and short-run average cost curves. there will be no change in the cost curves in the long run. (D) (E)
larryrambo777Lv10
8 Mar 2023
18 Dec 2022
Already have an account? Log in
experttutorLv10
23 Nov 2022
Already have an account? Log in
glorysoft2Lv10
25 Sep 2022
Already have an account? Log in
Read by 1 person
teacherrecoLv10
5 Jul 2022
Already have an account? Log in
Read by 1 person
Read by 3 people
Keith LeannonLv2
16 Dec 2017
Already have an account? Log in