An insurmountable barrier to entry can enable a firm to earn positive economic profits in ________.
A) neither the short run nor the long run
B) the long run, but not the short run
C) the short run and the long run
D) the short run, but not the long run
C) the short run and the long run
You might also like to view...
Most of the deaths of indigenous people in the Americas attributed to Euro-American contact were caused by __________
a. food shortages and overconsumption by Europeans b. warfare between indigenous tribes c. an economic system shift away from subsistence farming to trapping d. diseases of European origin
__________ are states ruled by religious leaders
a. Divinely mandated governments b. Theocracies c. Kleptocracies d. Oligarchies
Across cultures, masks seem to portray facial expressions in the same way. Threatening faces tend to be more __________, and nonthreatening ones are more __________
A) angular; rounded B) hairy; angular C) bumpy; hairy D) rounded; bumpy
The centralized effort to control the irrigation process during the Neolithic period resulted in all of the following except:
a. beginnings of plant domestication b. elite social class c. development of civilization d. emergence of first centralized government