In an increasing-cost industry the long-run supply curve is upward sloping

Indicate whether the statement is true or false

TRUE

Economics

You might also like to view...

Which of the following accept deposits from or sell shares to the general public?

i. money market funds ii. thrift institutions iii. commercial banks A) i only B) ii only C) iii only D) Both ii and iii E) i, ii, and iii

Economics

The Fed's principal decision-making body, which directs buying and selling U. S. government securities, is known as the:

a. Federal Deposit Insurance Corporation. b. District Board of Governors. c. Federal Open Market Committee. d. Reserve Requirement Regulation Conference.

Economics