What is the difference between the firms short-run supply curve and its long-run supply curve? Make up
Question:
What is the difference between the firm’s short-run supply curve and its long-run supply curve? Make up an actual example to explain your answer.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 63% (19 reviews)
A firms shortrun supply curve begins at the shutdown point and continues a...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Economics questions
-
What is the difference between a bank run and a bank panic? How might a bank run lead to a bank panic?
-
What is the difference between supply chain risk management and supply chain security management? Which do you think is most important?
-
What is the difference between supply chain management and demand management?
-
Your parents have made you an offer you can't refuse. They're planning to give you part of your inheritance early. They've given you a choice. Option (a) They'll pay you $11,000 per year for each of...
-
A random sample of 40 taxpayers with adjusted gross incomes of between $ 100,000 and $ 200,000 was drawn. These taxpayers claimed an average of $ 9,922 in medical expenses for the year. Assume the...
-
A switch designed for use with fast Ethernet has a backplane that can move 10 Gbps. How many frames/sec can it handle in the worst case?
-
1. Assume you have graduated and are working in your chosen field of study: sales, marketing, finance, general management, or IT. Suppose that you learn there is a systems development project...
-
Delaney Products, Inc. provided the following information from its current- year trial balance. Delaney issued $ 55,000 of common stock on October 1 of the current year. The company also repurchased...
-
AUT CISCO 1. Determine if each description relates to financial or managerial accounting a. Reports are prepared according to inquiries made of management. b. Reports focus on the company as a whole....
-
Using scapy to hijack a telnet session and insert your own commands. If easier can provide your program with the packet sequence number. Metasploit VM has a Telnet server that can be attacked. Submit...
-
Is the analysis for maximizing profits the same as that for minimizing losses? Explain why it is or why it isnt.
-
What is the difference between the firms short-run supply curve and its long-run supply curve? Make up an actual example to explain your answer.
-
What determines the organizational level at which planning should occur?
-
United States Historyassassination of Martin Luther King, Jr.
-
United States History-Burr-Hamilton duel duel, Weehawken, New Jersey, United States [1804]
-
United States HistoryBattle of Gettysburg American Civil War [1863] When and where was the Battle of Gettysburg fought?
-
United States History - United States presidential election of 1968 United States government
-
Salem witch trials American history What caused the Salem witch trials? How many people were killed during the Salem witch trials?
-
A further look at Table 18-1 Table 18-1 has four entries. Using Figure 18-5 as a guide, draw the situations illustrated in each of the four entries in Table 18-1. Be sure you understand why the...
-
Write electron configurations for the following ions, and determine which have noble-gas configurations: (a) Cd2+ (b) p3- (c) Zr4+ (d) Ru3+ (e) As3- (f) Ag+
-
What criticism can be made of the equity method of accounting?
-
1. There is asymmetric information in the used-car market because _________ (buyers/sellers) cannot distinguish between lemons and plums but _________ (buyers/sellers) can. 2. The supply curve for...
-
1. There is asymmetric information in the used-car market because _________ (buyers/sellers) cannot distinguish between lemons and plums but _________ (buyers/sellers) can. 2. The supply curve for...
-
1. There is asymmetric information in the used-car market because _________ (buyers/sellers) cannot distinguish between lemons and plums but _________ (buyers/sellers) can. 2. The supply curve for...
-
A company is evaluating a new 4-year project. The equipment necessary for the project will cost $3,300,000 and can be sold for $650,000 at the end of the project. The asset is in the 5-year MACRS...
-
You have just been hired as a new management trainee by Earrings Unlimited, a distributor of earrings to various retail outlets located in shopping malls across the country. In the past, the company...
-
I need to see where the calculations for this problem come from plz. 5. Award: 4.00 points Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement...
Study smarter with the SolutionInn App