asked 197k views
5 votes
For computers and other business equipment, small changes in business earnings tend to generate relatively large short-run changes in the demand for this equipment, and the long-run income response tends to be smaller. Industries that face demand behavior of this type are known as__________.

A. cartels.
B. natural monopolies.
C. cyclical industries.
D. constant-cost industries.

1 Answer

1 vote

Answer:A

Step-by-step explanation:

answered
User Larry Dukek
by
8.2k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.