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
In particular, a perfectly competitive firm's marginal cost curve is also its supply curve.This conclusion, however, only applies to perfect competition. Firms operating in market structures that do not equate price and marginal cost, but rather equate marginal revenue and marginal cost.s such, the marginal cost curve is not the supply curve for the firm.Long-Run ProductionIn the long run, with all inputs variable, a perfectly competitive industry reaches equilibrium at the output that achieves the minimum efficient scale, that is, the minimum of the long run average cost curve.