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
a monopolistically competitive firm earning profits in the short run will find the demand for its product decreasing and becoming more elastic in the long run as new firms move into the industry until. a firm's demand curve is tangent to its average total cost curve.