« previous next »

Author Question: One benefit of monopolistic competition over perfect competition is A) economic profit. B) ... (Read 127 times)

drink

  • Hero Member
  • *****
  • Posts: 554
on: Jun 29, 2018
One benefit of monopolistic competition over perfect competition is
 
  A) economic profit.
  B) product variety.
  C) excess capacity.
  D) efficiency.

Question 2

The ________ effect can be divided into the ________ effect and the ________ effect.
 
  A) marginal; substitution; price
  B) income; substitution; price
  C) substitution; price; income
  D) price; substitution; income


lauravaras

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

The frequency of competition according to the number of species involved. The frequency of competition according to the number of species involved.
PIC PERFECT PIC PERFECT
economic question economic question
economic question economic question
economic question economic question
economic question (having trouble) economic question (having trouble)
Video: TRH/TSH/Thyroid hormone

For a complete list of videos, visit our video library