…………… has excess production capacity in the long run

Related MCQs

• The positively sloped part of long run cost curve of a firm is due to
• The negatively sloped part of long run cost curve of a firm is due to
• Long run supply curve of a constant cost industry is
• Long run supply curve of a increasing cost industry is
• Long run supply curve of a decreasing cost industry is
• In economics, in the long run all the cost………….
• In the long run price is governed by ………….
• In the long run a firm in perfect competition earns
• In a pure monopoly firm a firm can make abnormal profit at the long run equilibrium level due to
• If total production increases in the short run, the total cost will also……..