discuss how market supply is determined, he most important
description of a firm is its short...
60.1K
Verified Solution
Link Copied!
Question
Economics
discuss how market supply is determined, he most importantdescription of a firm is its short run cost structure. Discuss thecomponents that make up that structure and the relationshipsbetween them?
Answer & Explanation
Solved by verified expert
4.1 Ratings (732 Votes)
Market supply curve is anupward sloping curve which shows the relationship between marketsupply and price As the price increases supply increasesA firm has two costs
See Answer
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
