Examlex

Solved

In the Short Run,there Are 500 Identical Firms in a Competitive

question 457

Multiple Choice

In the short run,there are 500 identical firms in a competitive market.The firms do not use any resources that are available in limited quantities,and each of them has the following cost structure: In the short run,there are 500 identical firms in a competitive market.The firms do not use any resources that are available in limited quantities,and each of them has the following cost structure:   The long-run supply curve for this market is A)  positively sloped. B)  horizontal at a price of $3.33. C)  horizontal at a price of $5. D)  horizontal at a price of $7.
The long-run supply curve for this market is


Definitions:

Wall Mural

A large painting or artwork directly executed on a wall, showcasing artistic expressions relevant to historical, social, or imaginative themes.

Watercolor on Paper

A painting method using water-soluble pigments applied to paper, known for its translucency and ability to capture light and subtle color variations.

Painting Subject

The main theme, idea, or entity portrayed in a painting.

Jaswant Singh

Jaswant Singh was a prominent Indian politician and a member of the Bharatiya Janata Party, known for his roles in government as finance, external affairs, and defense minister.

Related Questions