Consider chips plants: potato and computers. Assume is a large rise in the demand for computer chips and potato chips. A.How responsive to demand is

Consider chips plants: potato and computers. Assume is a large rise in the demand for computer chips and potato chips.A.How responsive to demand is each in the market period?B.Describe what a manufacturer of each product might do in the short run to increase productionC.How does the long run differ for the products?

Leave a comment

Your email address will not be published.