What are possible reasons for a horses belly to always look big and bloated? I recently baught a mare bay horse and her belly always look bloated and wide, could this be considered a hay belly or could she need to be checked by a vet. I was told she was 15 to 16 years old and in good health but I have been lied to before when it comes to buying a horse.
Type: A Topic: 2 E: 415 MI: 171 15. The demand schedule or curve confronted by the individual purely competitive firm is: A) relatively elastic, that is, the elasticity coefficient is greater than unity. B) perfectly elastic. C) relatively inelastic, that is, the elasticity coefficient is less than unity. D) perfectly inelastic. Answer: B
If an imperfectly competitive firm is producing a level of output where marginal cost is equal to marginal revenue, marginal revenue is below average variable cost, and price is equal to average total cost, then the firm. perfectly competitive firm should reduce output or shut down in the short run if market price is equal to marginal cost and price is. The market demand curve for a perfectly competitive industry is QD = 12 - 2P.