Industries in which firms ________ are likely to expand in the long-run.

A) have positive profits
B) suffer losses
C) break even
D) shut down in the short run

Question

Industries in which firms ________ are likely to expand in the long-run.A)  have positive profitsB)  suffer lossesC)  break evenD)  shut down in the short run

Jessica Alonzo · Accepted Answer

Final Answer : A, Explanation :  Industries where firms have positive profits indicate a healthy demand for their products or services, encouraging expansion in the long run as they reinvest profits into growth.

Industries in which firms ________ are likely to expand in the long-run.

A) have positive profits
B) suffer losses
C) break even
D) shut down in the short run

Definitions

Learning Objectives

Learning Objectives

Related questions