Homework Help: Economics

Posted by Bob on Tuesday, November 29, 2011 at 12:11pm.

A long-run supply curve is flatter than a short-run supply curve because

A. firms can enter and exit a market more easily in the long run than in the short run.

B. long-run supply curves are sometimes downward sloping.

C. competitive firms have more control over demand in the long run.

D. firms in a competitive market face identical cost structures.

Economics - SraJMcGin, Tuesday, November 29, 2011 at 1:43pm
Try some of the following links for information:

http://www.google.com/search?q=why+is+a+long-run+supply+curve+flatter+than+a+short-run+supply%3F&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a

Sra

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