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Economics
About this Free Flashcard Deck
Last update by
jillianprice08
on 11/03/2009
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Economics
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Flashcard Deck Tags
Chapter 10
,
Economics
Flashcard Review
3
The only things thata can influence the ...
4
if per-unit costs fall, the firm is ...
5
if per-unit costs rise, the firm is ...
6
if per unit (average) costs do not ...
7
the U-shape of short-run average ...
8
the U-shape of the long run average ...
9
the envelope relationship show that at ...
10
At all other levels of output, ...
11
For a good to be supplied, the expected ...
12
some of the problems of using cost ...
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Free Flashcard From Economics
Question:
The only things thata can influence the shape of the long-run cost curve
Answer:
economies and diseconomies of scale