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.

If the ceo of a large, diversified, firm were filling out a fitness report on a division manager (i.e., "grading" the manager), which of the following situations would be likely to cause the manager to receive a better grade? in all cases, assume that other things are held constant.a. the division's basic earning power ratio is above the average of other firms in its industry.b. the division's total assets turnover ratio is below the average for other firms in its industry.c. the division's debt ratio is above the average for other firms in the industry.d. the division's inventory turnover is 6, whereas the average for its competitors is 8.e. the division's dso (days' sales outstanding) is 40, whereas the average for its competitors is 30.