This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: An efficient point of production is A) a point on the production possibilities curve. B) a point ... (Read 95 times)

Mr. Wonderful

  • Hero Member
  • *****
  • Posts: 866
on: Jun 29, 2018
An efficient point of production is
 
  A) a point on the production possibilities curve.
  B) a point inside the production possibilities curve.
  C) the point where scarcity no longer exists.
  D) the point where we are currently producing.

Question 2

In general, horizontal mergers will
 
  A) increase the number of firms in an industry.
  B) decrease the number of firms in an industry.
  C) increase competition in an industry.
  D) reduce economic profits in an industry.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Leostella20

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


Mr. Wonderful

  • Hero Member
  • *****
  • Posts: 866
Reply #2 on: Jun 29, 2018
Thank you :)


Leostella20

  • Sr. Member
  • ****
  • Posts: 337
Reply #3 on: Jun 29, 2018
Happy to help you


« previous next »
 

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

The adolescent growth spurt in humans is seen as a “bump” in the height curve and a “spike” in the h The adolescent growth spurt in humans is seen as a “bump” in the height curve and a “spike” in the h
Prolonged abuse leads to production of stress hormones that can lead to a cascade of effects ... Prolonged abuse leads to production of stress hormones that can lead to a cascade of effects ...
The slope of the curve y = ax^3 - bx^2 + cx - 3 at x = 2 is 5. If the point of inflection of the cur The slope of the curve y = ax^3 - bx^2 + cx - 3 at x = 2 is 5. If the point of inflection of the cur
Production efficiency vs. trophic efficiency Production efficiency vs. trophic efficiency
Complete the following production chart and plot the points. Complete the following production chart and plot the points.
What is the freezing point of a solution of 2.86 g MgCl2 in 100 g of water? Kf for water is ... What is the freezing point of a solution of 2.86 g MgCl2 in 100 g of water? Kf for water is ...
Video: Dissociative Disorders (Part 3)

For a complete list of videos, visit our video library