Question
In a perfectly competitive market, a firm’s
long run supply curve isSolution
In a perfectly competitive market, a firm’s long run supply curve is the upward segment of its marginal cost curve which is above the lowest point of the average cost curve because at any point below the minimum of AC, the firm will shut down because price is below AC and it is incurring losses. In the long run, all costs are variable.
A simple microscope consists of :
Which of the following statements is true when we see 'rainbow'?
Which compound is used to prepare water proof clothes?
The hormone related to drought tolerance is-
What Type of Mirror Is Commonly Used as Rear-View Mirrors in Vehicles?
Adhesive force is the force of
The instrument which uses sound waves to measure the depth of oceans is –
Electrical fuse is used to interrupt excess of _________.
The energy of wind is-
Consider the following statements:
1. A flute of smaller length produces waves of lower
2. Sound travels in rocks in the form of longitudi...