« previous next »

Author Question: Under ________ there are many firms selling identical products. A) perfect competition B) ... (Read 86 times)

maegan_martin

  • Hero Member
  • *****
  • Posts: 532
on: Jun 29, 2018
Under ________ there are many firms selling identical products.
 
  A) perfect competition
  B) monopolistic competition
  C) oligopoly
  D) monopoly

Question 2

Free riding
 
  A) is possible if the consumption of a good is characterized by excludability.
  B) is possible if the consumption of a good is characterized by nonexcludability.
  C) is characteristic of private goods.
  D) occurs when consumers pay too much for services provided by government.


wfdfwc23

  • Sr. Member
  • ****
  • Posts: 338
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Early in the twentieth century, when malnutrition was common, companies such as this one advertised Early in the twentieth century, when malnutrition was common, companies such as this one advertised
Standardization of Selected Herbal Products Standardization of Selected Herbal Products
Educate clients about products related to massage therapy and the clients’ health goals without ... Educate clients about products related to massage therapy and the clients’ health goals without ...
Identical Twin Normal Birth Position Identical Twin Normal Birth Position
The carotenoid lycopene, found in tomatoes and tomato products, functions as an antioxidant The carotenoid lycopene, found in tomatoes and tomato products, functions as an antioxidant
Identical twins (monozygotic twins) have the same sex and share a single genotype. Identical twins (monozygotic twins) have the same sex and share a single genotype.
Video: Cardiac conductile cells

For a complete list of videos, visit our video library