If a country gets grants that improve its port facilities allowed for greater exports, it will impact its economy by

The relationship between price and quantity supplied after firms fully adjust to any short-term economic profit or loss resulting from a change in demand is illustrated by the

a. long-run industry supply curve b. Dutch auction model c. short-run firm supply curve d. constant-cost industry supply curve e. short-run industry supply curve

Economic profit equals NOPAY plus capital charges

Indicate whether the statement is true or false