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

Author Question: A bowed outward production possibilities curve occurs when A) opportunity costs are constant. B) ... (Read 201 times)

mckennatimberlake

  • Hero Member
  • *****
  • Posts: 559
on: Jun 29, 2018
A bowed outward production possibilities curve occurs when
 
  A) opportunity costs are constant.
  B) resources are not scarce.
  C) additional units of output of one good necessitate greater reductions in the other good.
  D) there are shortages in the goods being produced.

Question 2

Which of the following is NOT a necessary condition for oligopoly?
 
  A) barriers to entry
  B) strategic dependence of firms
  C) differentiated products
  D) either a small number of firms or market dominance by a small number of firms


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

josephsuarez

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


mckennatimberlake

  • Member
  • Posts: 559
Reply 2 on: Jun 29, 2018
Gracias!

carojassy25

  • Member
  • Posts: 299
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

The rapid speed of cAMP production The rapid speed of cAMP production
Breast cancer. Notice the tumor growing within a lactiferous gland, which occurs in infiltrating duc Breast cancer. Notice the tumor growing within a lactiferous gland, which occurs in infiltrating duc
Microlith production. Microlith production.
Human of the planet's net primary production and appropriation of NPP Human of the planet's net primary production and appropriation of NPP
Role of Factors of Production in Determining Growth, 1975–2009 Role of Factors of Production in Determining Growth, 1975–2009
If you walk 5.0 m horizontally forward at a constant velocity carrying a 10 N object, the ... If you walk 5.0 m horizontally forward at a constant velocity carrying a 10 N object, the ...
Video: Deglutition

For a complete list of videos, visit our video library