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Social Science Clinic => Economics => Microeconomics => Topic started by: @Brianna17 on Jun 30, 2018

Title: Competitive firm can earn economic profits over the long run. Indicate whether the statement is ...
Post by: @Brianna17 on Jun 30, 2018
Competitive firm can earn economic profits over the long run.
  Indicate whether the statement is true or false

Question 2

The measured distribution of income today appears more unequal than in the 1950s partly because of:
 a. an increase in the rate of divorce.
 b. an increase in the number of two-income families.
  c. a reduction in the divorce rate.
 d. both (a) and (b).
Title: Competitive firm can earn economic profits over the long run. Indicate whether the statement is ...
Post by: SomethingSomething on Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

d