Is the long-run supply curve for a good horizontal only if the long-run supply curves of all

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Is the long-run supply curve for a good horizontal only if the long-run supply curves of all factors are horizontal? Explain.

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Microeconomics Theory and Applications with Calculus

ISBN: 978-0133019933

3rd edition

Authors: Jeffrey M. Perloff

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Question Posted: Dec 29, 2017 12:54 AM

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Is the long-run supply curve for a good horizontal only if the long-run supply curves of all

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No Although horizontal factor supply curves would generate a horiz...View the full answer

Microeconomics Theory and Applications with Calculus

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