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Business, 24.12.2019 18:31 queenbb3787

Gan increase in the demand for movies also increases the salaries of actors and actresses. is the long-run supply curve for movies likely to be horizontal or upward sloping? explain. if an increase in the demand for movies also increases the salaries of actors and actresses, then the long-run supply curve for movies is likely to be a. horizontal because returns to scale are constant. b. horizontal because the input supply curve is upward sloping. c. upward sloping because increases in output lower input prices. d. horizontal because the input supply curve is horizontal. e. upward sloping because increases in output raise input prices.

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