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| 1. |
What isthesupplycurveof a firmin thelongrun ? |
| Answer» <html><body><p></p>Solution :Supplycurveis highlyelastic in <a href="https://interviewquestions.tuteehub.com/tag/thelong-3199450" style="font-weight:bold;" target="_blank" title="Click to know more about THELONG">THELONG</a> <a href="https://interviewquestions.tuteehub.com/tag/run-1192138" style="font-weight:bold;" target="_blank" title="Click to know more about RUN">RUN</a> as quantity supplied is more <a href="https://interviewquestions.tuteehub.com/tag/responsive-11248" style="font-weight:bold;" target="_blank" title="Click to know more about RESPONSIVE">RESPONSIVE</a> to change in price of the <a href="https://interviewquestions.tuteehub.com/tag/given-473447" style="font-weight:bold;" target="_blank" title="Click to know more about GIVEN">GIVEN</a> commodity.</body></html> | |