Do you want BuboFlash to help you learning these things? Or do you want to add or correct something? Click here to log in or create user.



Tags
#2015 #book-2 #cfa #cfa-level-1 #economics #schweser
Question
For a decreasing-cost industry, as industry output increases, [...] as the industry demand for inputs increases. This results in a negatively sloped long-run industry supply curve.
Answer
input (factor) prices decrease

Tags
#2015 #book-2 #cfa #cfa-level-1 #economics #schweser
Question
For a decreasing-cost industry, as industry output increases, [...] as the industry demand for inputs increases. This results in a negatively sloped long-run industry supply curve.
Answer
?

Tags
#2015 #book-2 #cfa #cfa-level-1 #economics #schweser
Question
For a decreasing-cost industry, as industry output increases, [...] as the industry demand for inputs increases. This results in a negatively sloped long-run industry supply curve.
Answer
input (factor) prices decrease
If you want to change selection, open original toplevel document below and click on "Move attachment"

Parent (intermediate) annotation

Open it
For a decreasing-cost industry, as industry output increases, input (factor) prices decrease as the industry demand for inputs increases. This results in a negatively sloped long-run industry supply curve.

Original toplevel document (pdf)

owner: iamcfa - (no access) - 2015 CFA Level 1 Study Schweser Book 2 - Economics, p89

Summary

statusnot learnedmeasured difficulty37% [default]last interval [days]               
repetition number in this series0memorised on               scheduled repetition               
scheduled repetition interval               last repetition or drill

Details

No repetitions


Discussion

Do you want to join discussion? Click here to log in or create user.