A perfectly elastic, long-run market supply curve is most likely to be achieved in
a. a price-taker industry.
b. a constant cost industry.
c. an increasing cost industry.
d. a price searcher industry.
B
Economics
You might also like to view...
When you purchase a new pair of jeans you do so in the
A) factor market. B) resource market. C) input market. D) product market.
Economics
Since the founding of the IMF, most international reserves have been held in
A) gold. B) silver. C) U.S. dollars. D) British pounds sterling.
Economics