Managerial Economics

1:

Match the following :

(A) Increasing cost industry   1. Horizontal long run supply curve

(B) Decreasing cost industry  2. Positively sloped long run supply curve

(C) Constant cost industry     3. Negatively sloped long run supply curve

 

A.

(A) (B) (C)

3    2    1

B.

(A) (B) (C)

1    2    3

C.

(A) (B) (C)

2    3    1

D.

(A) (B) (C)

2    1    3

 

Answer : C

Explanation :

Yassmin said: (1:06am on Sunday 11th February 2018)
when the cost increased the supply will decrease (negatively

Write your comments here:


Report Error
 

Option: A

Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here.