feelin' dumb
Nov. 16th, 2009 05:17 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
tsukikageAssume Sally’s ice cream store produce cones where P = MR = MC = ATC. Sally decides to hire more workers and keep her capital constant. Her time frame now is:
A. long run.
B. short run.
C. medium run.
D. both B and C.
Durr... This question doesn't *look* hard, but it has me confuzzled.
After doing further questions, I think the problem is that we need to spend a bit more time covering the perfectly competitive market and equilibrium within one.
A. long run.
B. short run.
C. medium run.
D. both B and C.
Durr... This question doesn't *look* hard, but it has me confuzzled.
After doing further questions, I think the problem is that we need to spend a bit more time covering the perfectly competitive market and equilibrium within one.
