Respuesta :
If she expands the dimensions of her keep this 12 months and sees her common price lower to $850, her long-run common general price curve ought to be the perfect alternative is d) downward sloping.
The required details about downward sloping is mentioned in below paragraph.
Whenever the rate of a commodity decreases, new consumers input the marketplace and begin shopping it. This is due to the fact they have been not able to buy it whilst the expenses have been excessive however now they could come up with the money for it. Thus, because the rate falls, the call for rises and the call for curve turns into downward sloping. As defined above, the overall shape of a call for curve is that it's miles downward sloping. The call for curve for most, if now no longer all, items conforms to this principle. There can be uncommon examples of products which have upward sloping call for curves. A properly whose call for curve has an upward slope is referred to as a Giffen properly.
(COMPLETE QUESTION)
Ting owns a diamond shop. Last year her average cost of selling a diamond was $900. If she expands the size of her store this year and sees her average cost decrease to $850, her long- run average total cost curve should be upward sloping vertical OU-shaped. downward sloping. horizontal.
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