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-Given the Graph for a Particular Industry Shown Above We

Question 114

Multiple Choice

   -Given the graph for a particular industry shown above we know that A) new entrants will not be attracted to this industry. B) this industry can survive in both the short and long run. C) the industry is making a profit. D) this industry will disappear in the short run.
-Given the graph for a particular industry shown above we know that


A) new entrants will not be attracted to this industry.
B) this industry can survive in both the short and long run.
C) the industry is making a profit.
D) this industry will disappear in the short run.

Correct Answer:

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